Major Support of 800
- Thread starter Sniemiec
- Start date
this def. looks like a bottom
Can you tell us why?
The thing that worries me is the lack of pull backs like we had earlier this decade when the markets went down.
The thing that worries me is the lack of pull backs like we had earlier this decade when the markets went down.
Bullish hammer formed at 740
http://www.fxwords.com/b/bullish-hammer-candlestick.html
Also, triple bottom support in the 750 range. 1997, 2002, and 2008 with roughly five year spacing between each bottom.
The volume is also surging which seems to indicate climax selling.
http://www.fxwords.com/b/bullish-hammer-candlestick.html
Also, triple bottom support in the 750 range. 1997, 2002, and 2008 with roughly five year spacing between each bottom.
The volume is also surging which seems to indicate climax selling.
Quote from Sniemiec:
Will we go lower, or is this the bottom? A re-test may be in the books, but I think 800 wild hold. If not...run
What's your view?
Is this guy any relation to Port? ...writes identically
