An informal presentation of technical analysis, market ratio analysis, psychology and macro fundamental opinion... along with whatever else is required to stay on the right side of the markets. The premium NFTRH service takes all of these and more to the next level.
Sunday, April 29, 2007
SOX still in a bullish stance
But a break out failure would change that in a hurry. The stock market is in a high risk posture and by our eye sentiment, timing and momentum indicators say CORRECTION - a hard one. But for now, the chart is the chart and it says target of 530 where a major back test is likely per weekly chart below.