Senin, 25 Juli 2011

Outlook for week of 07-25

Here is a couple of charts from Shadow:

It appears Shadow expects an up week.


And a continuation up for the next 3-4 months.

According to my chart - the week will probably be up.  See FIBS table posted on 07-25 daily outlook for possible targets.  There should be a pullback into mid August as the 22TD cycle bottoms and a more severe pullback in mid September as multiple cycles bottom.  Here is my chart:

GL traders

Updated chart from Shadow:
Shadow - this may sound silly, but what if you shift everything back 1 day.  The Tuesday action (as shown on your chart) is more of what I expected (and basically wgat we got) for today. 

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