Wednesday, April 20, 2011

Market view

Will be a short update today - and yesterday we had a very strong day and I still expect a rally to come with my objective target of 1344+ which means new highs.

Time will tell , we had a bullish MACD histogram bar and looks like we could see a positive MACD histogram soon.

Still long markets since 1305 and 1295 where I added and holding longs, follow me on twitter if you want to know some plays.

Have a nice day

2 comments:

  1. If this is the inverse H&S pattern, target is $1420. You add the range from bottom of the head to the neck. Watch here. http://www.youtube.com/user/oldschoolchartist

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  2. Seems like a good target - agree , we could see that level

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