Sive Morten
Special Consultant to the FPA
- Messages
- 18,559
Good morning,
Although our minimal target of 1502 was achieved yesterday, market shows too slow and limited reaction on support, which makes us think that another drop should happen before major retracement up will start:
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.
Although our minimal target of 1502 was achieved yesterday, market shows too slow and limited reaction on support, which makes us think that another drop should happen before major retracement up will start:
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.