MUCHO Importante' SELL SIGNAL?
http://tinyurl.com/4kdw6 MAN I'm like one hand clapping here..LOL so what...
CALL: Dow Theory BUY SIGNALEVIDENCE...or my humble observations:
1)MACD and RSI LOWER HIGHS on the DOWS MOVE to new highs! No mention of that.we have a BEARISH divergence, IMHO
2)Breaking of the UPPER BB, can be terminal move...it appears as BEST as I see this last happened in 2000 top.
3)10 YR WEEKLY DOW LOOK at BEAUTIFUL paralell LONG TERM SMA'S !!! THAT'S a BULL MKT!
BUT NOW the 200 WK has MERGED into the 400 WK....I bet that hasn't occurred since the 70's bull began, shown here for 10 years only.Can anyone show a monthly chart going back to 70's? using these 2 MA's?
My conclusion cannot say when rally ends, only that we are witnessing the end of something surely NOT the beginning! IMHO
Duratek (will that HOLD ya'll for awhile?)
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