Monday, March 30, 2009
The other shoe dropped
The market endured several days of distribution, but prices didn't really go down. Today things finally caved in. The other shoe dropped, so to speak.
The distribution was characterized by the powerful spikes upward in the Number of Climax Lows indicator. You can see it at the new clone site www.GigaStockPicks.com. The indicator as at the top of the chart, shown in red with the default page settings.
The distribution was characterized by the powerful spikes upward in the Number of Climax Lows indicator. You can see it at the new clone site www.GigaStockPicks.com. The indicator as at the top of the chart, shown in red with the default page settings.
// posted by gigascanner @ 5:08 PM 
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