Archive for the ‘Daily Analysis’ Category

Bears take control of the market 5/4/12

Friday, May 4th, 2012

http://freeonlinetradingeducation.com/broad-market/item/1830-5612-weekend-edition.html

Check out the link for a great summary of the trouble we are in. The counts DID indeed play out as predicted- I wasn’t worried at all. ;)

Note the TRIN closed at 1.95… we could get an entry Monday

The 50 and 20ma daily are now above and could act as resistance next week.