Thursday, November 25, 2010

FOLLOW THE BOUNCING RENKO


When I see a RED RENKO appear, I won't have any doubt the claws are out, IMHO that would take about a 10% decline to appear, with VIX under 20 and in downtrend, that is only speculation for now and cyclical bull is still intact. Highs from April still not pierced. COnsolidation of rally or hitting the FIB retrace levels almost to a T?
D

No comments: