Alex posted a summary tonight about the market being on a "razor's edge." Here's another look at it. The market is right at resistance of multi-month triangle formation. As Alex's said, if it fails, down we go. If it breaks through, then we'll likely test the August highs. The indicators are tipping to an upward breakout, but we need next week's bar to confirm.
1 comments:
We are just before a nice bear market. Pay attention to TRIPLE TOP. Now we made a "lower high". It's a matter of couple of days to finish distribution to general public. I hope somebody will listen to my warning before this post will be deleted.
Be watchful!
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