Don't short now!

yaobooyao · 发表于 2010-6-3 05:05 PM

本帖最后由 yaobooyao 于 2010-6-3 22:32 编辑

Don't short now!

See the ascending triangle or wedge here, the upper edge of this wedge is right at the 38.2% FIB retracement line of resistance.

You can say this is a bear flag, snagged at the 38.2% bounce level and will go back south. But I really doubt it! If tomorrow the market doesn't down big, there is a 50+% chance a bullish Monday, to officially trigger the long term buy signal!!!!

You money you call!

Good luck bears and bulls!

SPY 2010-06-03 ascending triangle at 38.2 fib.png

SPY 2010-06-03 ascending triangle at 38.2 fib.png

The other side of the coin - I could be wrong if EUR/USD falling through the flat bottom line of the dscending triangle.
EU 2010-06-03 Dscending Tri or flat bottom.png

EU 2010-06-03 Dscending Tri or flat bottom.png

But overall, I still believe the bullish case, as the long term buy signal is right at the gate.
Fingers crossed, let's pray.

like2swing · 发表于 2010-6-3 05:09 PM

thanks

源济 · 发表于 2010-6-3 05:12 PM

dividend_growth · 发表于 2010-6-3 05:13 PM

怎么缩量涨两天就全变牛了？

slcgh · 发表于 2010-6-3 05:20 PM

thanks

netbanker · 发表于 2010-6-3 05:25 PM

well said, I am suspecting dow to go 11300 this time by Summer

hannah · 发表于 2010-6-3 05:29 PM

Yes,Sir!

songjiang · 发表于 2010-6-3 05:29 PM

thanks

HTER · 发表于 2010-6-3 05:42 PM

ranchgirl · 发表于 2010-6-3 05:47 PM

Thanks for the good call!!!!

fead · 发表于 2010-6-3 06:08 PM

ding!

cartier · 发表于 2010-6-3 06:36 PM

navybean · 发表于 2010-6-3 06:45 PM

Thanks

sooners · 发表于 2010-6-3 06:58 PM

回复 1# yaobooyao

jilier · 发表于 2010-6-3 07:09 PM

怎么缩量涨两天就全变牛了？
dividend_growth 发表于 2010-6-3 19:13

acoust · 发表于 2010-6-3 07:50 PM

xz214 · 发表于 2010-6-3 07:53 PM

yanjun · 发表于 2010-6-3 08:08 PM

outer · 发表于 2010-6-3 08:20 PM

Ding yi xia

dcd · 发表于 2010-6-3 08:27 PM

later

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[放炮] Don't short now!

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