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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Vitas who wrote (94151)2/8/2014 10:26:21 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Call options are telling me we haven't hit bottom yet. But that rebound was really impressive.

MFI tends to bottom before the real bottom is reached, but not always.

OBV clearly shows the end of the bull... but that doesn't mean we can't go higher from here.

I stick with my idea that we are at the end of a stealth broadening formation and may return to DOW INDU 30 of 16,000 before the beginning of the end.

BWDIK?

(And never bet the farm... IMHO)

And yes, I know the chart below is cluttered and confusing...