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!!!
Posted by Jeff at 10:48 PM

2 comments:

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