Tuesday, July 06, 2010

Fork-ology

What we have looks like fork on the fork on the fork…enough – this is where I am getting confused.  Really curious to see what will happen if we touch sub 1000 level – will we bounce first and then accelerate to the downside?  TDSequential Countdown Buy is still in progress (current bar 12), but at the same time new Setup Buy Started which (normally if it goes to at least 4) might signify more downside.  But forks first…

2010-07-06_1848

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