Quote from bc1:
Here is the link that I thought someone on a prior post attributed to bwolinsky. If that isn't his blog then my question goes to whoever wrote it and bwolinsky can disregard it.
http://stockmarket618.wordpress.com/category/forecast/
Archive for the âForecastâ Category
« Older EntriesWed Nov 16
November 16, 2011
SP500 buy support returns.
Gold and Silver bearish daily charts continues and further downside
expected.
USD needs to retrace so may be equity bullish but SP500 daily is
increasingly bearish so yet more lack of consensus.
SP500/DOW/NASDAQ bearish daily chart is increasingly influential and
megaphone wedge continues to warn of big move ahead.
XAUUSD short 1773.40 [c 1760.59]
USDPLN short 3.2806 [c 3.2812]
XAUUSD long 1768.85 [c 1776.18]
XAUUSD long 1765.64 [c 1769.00]
XAUUSD short 1768.34 [c 1765.30]
USDCHF short 0.9169 [c 0.9186]
Posted in Forecast, Stocks, Trading | Leave a Comment »
That is not my blog. Whoever wrote that should be paid little attention. There are no chart patterns that are found to be profitable, especially the commonly discussed ones.
