Sunday, March 6, 2011

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Equity markets to escape the congestion

In our recent article, we demonstrated the following:

The most important dates in the month of March, where we have to wait for the movement of inversion, are on 04, then 18 and 24.

What to Expect in the coming days?

In recent weeks we have witnessed the formation of a congestion, characterized by high volatility intraday.

It appears that the markets have not yet decided which path to take in the coming weeks.

The primary trend is strongly bullish, and have not yet been reached targets medium to long term, but despite this, can not exclude a retracement of one / two weeks.

Everything will depend on what happens in the next octave (07/11 March) and where they will escape the congestion phase.

The inclination of candles every day, at the moment, seems to favor the hypothesis bearish, and many indicators confirm this scenario, although it should be noted that the trend following signals, in cases like these, show the majority of false signals cases.

addition, the day of Friday, March 4, appeared to maximum potential, the method for top or bottom.

There is little to say about the scenario, does not appear very clear and the direction of the short is not at all obvious.

PORTFOLIO OF WEEKLY REPORT FROM START TO DATE YEAR COUNTER + 73%

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