Saturday, April 30, 2011

End of Move SPIKES

Normally we experience 2 kinds of VIC_OSC Spikes occuring towards the end of extended bull or bear campaigns namely...

  1. the bullish kick off resulting from short coverings towards the end of bear markets like in 2003 and 2008
  2. the bearish exhaustion spike after a long bull run.
As you can see below this is NOT a kick off SPIKE so you do the math. Pls don't forget that this spike can also be part of topping patterns that can form neg. Div's over time, meaning they can coincide or lead Tops ...

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