Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
MrHindsight
on 26/02/2014, 12:11:27 UTC
The move has been stunted for the night. capped by 610, I think we will test the 500 level again. this little bull run was too steep.

I actually did sell some, hard to believe it has steam to raise above 600 now. The train is not leaving anybody, but the tide has turned. 500 here we come!

just make sure to not ignore the 1d chart...
...this could turn out to a long bull market in few days
Same happened on June 19th 2013, where the drop from $105 to $66 (daily average) started. Don't place your bets on a single indicator. Smiley