Friday 2 March 2012

Another Week Over

Not much to say right now, I am kinda tired (been compiling a large set of bullish contrarian charts), will post lots of them over the weekend! I am Permabear Doomster, but I do not want to get nuked, if the floor for IWM this Spring is only 76


A pretty bland, no-predictions chart, but we do have a conclusive bearish weekly candle to close the week. The 5 week long flat top has ended, and we are now in a downtrend. How long can that last? No ones knows, least of all, yours truly.

IWM first target (weekly cycle) the 10MA @ 79.25

Primary 'best case' near term bearish target remains: 76
-

More later. Good wishes