DJIA - Head and Shoulder Chart Pattern
By now, it is clear that I was completely wrong on my bullish view of STI but on the other hand I was completely right on my bearish view for DJIA. I guess when STI and DJIA show an obvious divergence, I should have taken DJIA instead of STI.
Judging at the way the Dow has tumbled, I think the world is heading for a storm similar to the 2008 financial crisis.
Labels: Market Direction
posted by Market Wizards @ August 05, 2011
Comments: 0
