Thursday, October 14, 2010

The Dow 11,000-still the big news?

I have showed you the 5 min 3C chart which has been on a path of straight, unabated distribution.

Here's the 5 minute above

As I said, if the 5 minute keeps up at this rate it will make it to the 10 minute and so on. This is very ugly and I wouldn't be surprised if this was in fact forehand knowledge of what the numbers this week were going to look like.

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