:: actio-et-reactio ::
amg's market charts and blather
StockCharts.com - amg's Charts
I'm concerned the spike touch of the primary daily green fork may be signalling a 'significant' pullback. There are now various supports, putting a brake on the move, in particular, the new lower trendline (lime green now at 943).
I've favored a complex topping, but even that scenario may not result in an avalanche correction, esp. with layers of support now having been constructed. It may become simply a traders market, at least through the summer.
chart
|
moon phases |
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
blather: nonsensical talk.
At times my analysis log, at times sharing what I've learned. Always my own work and views.
Content: amg
Basis: glish & bluerobot
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