Bulkowski says it doesn't have a reliable record in a bull market.
The market is overbought. So we 'll probably see some consolidation or maybe a mild pull-back. Back to the 20-Day MA or maybe the mid-point of the last big rise would be my guess.
Redbacka
Doom and Gloom Thursday, 13 November, 2014, page-3
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Last
7,777.7 |
Change
95.700(1.25%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,682.0 | 7,795.1 | 7,682.0 |
| XJO (ASX) Chart |