Susi paints an across the board bullish picture !
ExhaustionWatch confirms SUSI, but shows a good degree of exhaustion....
The Trend is your friend until it ends and as of now we are on bullish. It looks tired and we have a fair of amount of evidence (Gartleys, FibTime, Oversold/bought readings etc. ) hinting at a flip, but Mr. Market has to call the shots.
Monday/Tuesday should give us a good indication.
Welcome back sir. We definitely missed you. :-)
ReplyDeleteI feel that everything is a bit overstretched. But again, computers can do anything. computers, because as reported by ZH, AAPL moving within a clear 2STDEV since this rally began is not human. :-)
Thanks again.
Jason