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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (1521)7/31/2008 12:25:34 PM
From: morokko65  Respond to of 3209
 
forgive me if this falls into wiggles, but the triangle congestion is starting to look wedgelike to my eyes:

finance.yahoo.com

I usually just look at weekly charts, but that bull/bear triangle of yours encouraged me to take a look at the recent structure of this rebound, and suggests to me that the break will be to the downside