In-depth technical analysis on various financial markets with emphasis on short-term trading and the art of charting.
Saturday, October 18, 2008
WEEKLY SECTOR WRAP-UP (Oct 13-17)
The important thing to note is that there may be considerable volatility next week. This is especially true with the XLF with a 35% consolidation range. Traders/investors who cannot stomach volatility are better off in cash. Next week will be difficult to trade because of the market's neutral stance.
Don't forget to try out the Free Trend Analysis. It's FREE, so give it a shot!
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