Thursday, September 8, 2011

Put this in your "Wall Street Tactics" Notebook

We see this a lot more often then not, and not just with wedges, but with new highs, breaks of support/resistance and any common pattern that technicians watch-Wall Street sees them too and knows how the technical trader will react, thus we get things like this....

When you understand that Technical Analysis is the same and Wall Street has adapted to it, then Wall Street gets a little more predictable.

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