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07/23/2016 Weekend Update

flrtrader
Posts: 477
Joined: Thu Aug 25, 2011 1:58 pm

Re: 07/23/2016 Weekend Update

Post by flrtrader »

I think this shows something different, contrary to Cobra's Smart money thoughts.

http://www.acting-man.com/blog/media/20 ... -NAAIM.png


http://www.acting-man.com/?p=45929


Thoughts?

Keith
User avatar
JTrader
Posts: 54
Joined: Thu Mar 10, 2011 5:28 pm

Re: 07/23/2016 Weekend Update

Post by JTrader »

Wow, lots of convincing charts indicating pullback. If I had to make a WAG, I'd say the charts argue for a small pullback 1-3%, then a rally to new highs once again, and that's the point to bet the farm short. Should be an exciting summer and fall (pardon the pun) ! :-D


flrtrader wrote:I think this shows something different, contrary to Cobra's Smart money thoughts.

http://www.acting-man.com/blog/media/20 ... -NAAIM.png


http://www.acting-man.com/?p=45929


Thoughts?

Keith
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