Sunday, January 16, 2011

Trend Still UP unless

UPDATE 1-18 today vs my drawing lower on this page- So good So far.


We need to take some of these target if a turn down is in store 1269

Here we have a bar count from my video. Since this is still imagined it should go something like this. Closing near high of day a MUST as we did Friday 1-14-2011 showing great optimism.
So the next bar as shown should look like this.

This bar 2 is the most important as described.


What is bar 2 fails and we have a blow off top? It would still have this pattern leading to that blow off. But must close lower than bar 2 and 3


Click charts to expand. Recap: You must see a pattern something like this or the count starts all over again. In our minds we think markets run up and crash but not really there are clues.
This is one clue.................................... Jerry O


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