Chartprofit Webcast – Charts to Friday 16th January 09 *********** PRICE PERFORMANCE Low last week was below the low of the previous five weeks. Within two weeks the sellers had negated all the gains of the previous four weeks. *********** PRICE LOCATION In the webcast today I show all the major stock index […]
Rally may have run out of fuel
From the eBook on Monday >>some of the sentiment measures are at levels that would indicate over-enthusiasm. If this is still Bear Market then that would be a problem, i.e. investors getting complacent…e.g. The 10dyma of the OCC option calls% is at its highest level since the bear market began and the VIX just hit […]