Browse Stacks: Patterns: Candlesticks: 4 jul26.PNG

4 jul26.PNG

WEEKLY CHART

Comments

DinkDink
I agree that last week's range in the ES is really important. A close below, preferably, the low of last week's low and the bull market may be over, gasp. However, it may be nothing and we just rise up and through like last week never happened. 7/26/16
Silver SingularitySilver Singularity
I agree that the degree of absurdity went so far that a 25% rise from there wouldn't be more crazy (but the problem with that concept is that there's no end of road) 
Stocks are extremely expensive so it's obviously a sell. 
But...like nothing is obvious, stocks rises more. 
as a consequence, stocks becomes even more expensive and the process can repeat to infinity! thx fed 7/26/16
Silver SingularitySilver Singularity
I would like to see a close below 2120 for a VERY SOLID key reversal pattern (weekly, wich is more significative) 
Notice that a close around 2090 would add a monthly shooting star (even more significative) but I know we're far from there right now :) 7/26/16
7/28/16
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