Lee,
>>>> . I am not bearish but I am extreme short term bearish, mid term guarded bullish, long term befuddled. <<<<
Short-term(1-5 days), Im bearish. MID-TERM(5-30 days), cautiosly bullish,subject to market internals. LONG-TERM(6 months-2 years), extremely bearish. In between 30 days-6 months, I cant tell yet.
In that long-term time frame I believe that there is a high probability that the market could be forming a main top. Im not saying that everyone should get out now, since many analysis project
the next main resistance at 11,500 range, including mine. Thats just looking at trendlines, and I dont know right now if we will get that high. Hey, we could get much higher before the MAIN TOP, but my analysis is mainly based on time not price movement.
seeya |
