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Posts: 4,978
Reply with quote  #1 
2011-11-29 17:27:33 [Message] fib_1618 -> Chat: the bulls really do need to put up or shut up right here, right now...there is no tomorrow

2011-11-29 17:32:36 [Message] fib_1618 -> Chat: so here too the bulls really need to show some backbone here to keep the longer term trend from moving negative

2011-11-29 17:37:16 [Message] fib_1618 -> Chat: this is like the 13th round of a 15 round event and the market has been beaten to a point to where if it doesn't dig deep here, it's liable to hit the deck in a big way

I guess someone was listening...but there's still a lot of work to do.

For the old timers out there...this is getting to be like the 1980's and those "currency interventions", isn't it?


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Posts: 8,874
Reply with quote  #2 
Nov. 30th intraday chart update...UUP weekly shows the prior horizontal breakout zone marked in dashed green is not yet violated to the downside

* note SPX weekly closes in the lower portion of this chart

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Name: UUP_weekly,_intraday_update_Nov_30,_2011.png, Views: 47, Size: 68.05 KB


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