Bears are firmly in control of the Q's
I do look for a relief rally now though
as we go into earnings. This selling may
be a head fake to fake out the weak longs.
Dr Elder would say the bears are too depressed
now using his force index indicator, LOL By adding
capital at the bottom of todays low this
should keep you out of a bad trade in the
event it turns up It also may take some time to
hit this sell stop area.. Long term weekly chart
still bullish and best setup is long from a
tactical view
I do look for a relief rally now though
as we go into earnings. This selling may
be a head fake to fake out the weak longs.
Dr Elder would say the bears are too depressed
now using his force index indicator, LOL By adding
capital at the bottom of todays low this
should keep you out of a bad trade in the
event it turns up It also may take some time to
hit this sell stop area.. Long term weekly chart
still bullish and best setup is long from a
tactical view