i don't want to sound to trite here chris ..but what is it on your charts says that the MClaren perspective is right ..about todays price action ..
we've had last week buying that pushed our SPI almost nowhere ..and today we had a pretty convincing sell off ..
we haven't taken that out yet ..and in my opinion this is a statement by the market that is bearish ..
i don't have any thing that suggests where going to have a gap up open in the US ..infqact i would'nt be surprised if it opens way lower than friday ..dow futures are curently down almost 50 ticks from fridays close ..
just reading the thread today, page-131
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Last
7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,759.6 | 7,819.0 | 7,754.9 |
| XJO (ASX) Chart |