Sive Morten
Special Consultant to the FPA
- Messages
- 18,781
Good morning,
market starts to show some bounce down, but it has not reached neckline and resistance. Thus, theoreticaly it still could do this.
So, to be sure that this is really right shoulder, we need to get some confirmation from the market:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
market starts to show some bounce down, but it has not reached neckline and resistance. Thus, theoreticaly it still could do this.
So, to be sure that this is really right shoulder, we need to get some confirmation from the market:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.