Wednesday, March 2, 2011

TICK Chart

Obviously as you'd expect, the TICK chart looks better today, but yesterdays damage hasn't been seen in probably months, it's important if this market bounces to remember what a bounce is and what a trend is and the inherent instability in the market on any downside event.

Translation: Keep your eye on the forrest, right now the trees are good for set ups.

No comments: