Tuesday, January 5, 2010

Stock Market Update - January 5, 2010

We may see some more strength in the hourly chart.

The daily chart looks overbought. The money flow has cycled back to the top. My bet is that we will see some sideways movement over the next few weeks and a seasonal bottom in March and then the market will move to higher highs ... slowly.
Roll Tide Roll .... Go Bama Go!!!

3 comments:

  1. Good covered point, lots of people simply put something weired theories

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    it will going to happen It looks like just coping ideas which someone has

    already written. I found even on popular blogs guest bloggers bring same

    theories which I already know. I observed they just try to spice up their

    article without knowing what really audience want to read.

    Thanks

    Stock Tips

    ReplyDelete
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    ReplyDelete
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    ReplyDelete