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Alpha TrendsAlpha Trends is dedicated to unbiased technical analysis of momentum stocks or stocks that look poised for a large move in either direction. It is updated by Brian Shannon with video and written technical analysis of the equities markets and individual stocks. |
Bottoms Are A Process
Posted on 08/03/2007 05:02:50 | Link | Post Comment
not an event. And it looks like that battle is being fought at the declining 5 DMA right now. Also note the location of the downtrend line. Odds still favor further consolidation, but if the buyers can hold onto control by maintaining higher lows above 4790, the market could see a pop up to 4850 and if shorts from yesterday panic 4900 is even doable. The buyers havent fully taken control back yet, but they are making progress.
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Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
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NOTE: Please click on the charts below to enlarge them i [read more]
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]
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