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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus who wrote (51399)	6/5/2013 5:05:16 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 220518

Yes, actually, I fully agree with you on that chart... in fact, that chart makes me a little uncomfortable because it is compelling, but if you look at the DOW average, then you'll also see that it broke below the main support line today... either way, yes, we could likely see a rally, this market is pretty well over sold right now... but, just personally, I'm tired of chasing every tick... Here's the DOW daily chart, you can see how it clearly broke that line today... tomorrow we could be 100 DOW point higher or we could open another 200 points lower, I have no clue...<g> GZ