So is there normally a Christmas-New Years rally?

Quote from kivd:

Not necessarily, there could be a wick poking through the resistance.
However if my assumption is correct, Tuesday will close down.
May be or maybe not... Personally I think the rally won't be over until next Jan.
 
Quote from cyoungmark:

I'm saying price obeys whatever people are paying attention to. They aren't going to all the sudden pay attention to trend lines after what has been going on lately.

Can you elaborate? I don't understand how you know ahead of time if price is going to obey a trendline or not.
 
Back
Top