Saturday, October 3, 2009

Is this going to be major downturn?

Well, I do not know but many of the indexes, ETF & stocks have breakout signal & Evening Black Star on weekly chart last week.







Will they stop at the pink resistance line? I suspect they will touches the pink resistance line.
There are other indicators showing the bearish signal too. Commodity Channel Index crossed the 100 level. I will update the weekly chart next week.

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