Thursday, June 09, 2011

Don't Let Anyone Tell You This Market Is Bearish

So far just a normal correction in a bull market that has happened 4 times recently...

Hurst 2.5 week low came in lower than 10 week low. This market could really soar to the upside now that bearish cycles are temporarily over. Could see the largest section of upmove after early July which is the next 5 week low....

There appears to be a 3 trendline/3 stage blowoff developing. According to Carolans work this is one of the best times to use Spiral Calendar analysis. I am doing that analysis now, so far there is a very interesting date that is lining up for the speculative top. I will mention this date in new post soon.





2 Comments:

Blogger usacoder said...

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11:32 AM  
Blogger chartblog said...

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2:43 PM  

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