Monday, October 27, 2008

WEEKLY TECHNICAL COMMENTARY


6 comments:

Lucky777 said...

very interesting that the market didn't drop like a rock at the open...I take this as a good sign, no more panicked selling due to other markets doing the same...

John C. Lee said...

triangle within a triangle within a triangle...

Bob said...

Seem like often the market does
the opposite of what is expected.

John C. Lee said...

bob - the market can act a bit strange sometimes. The mkt did fulfill the textbook definition of an ascending triangle though

Anonymous said...

Hi John,
DOW down again. Bad sign? Need to test 7500. What is your thought? Thanks

Anonymous said...

i know i think we only have oct 10's support level we break everything in the last 10 mins