Monday, 29 August 2011

Ron Walker's daily video.Very good and contradicting my bear call on NDX !  3 of his 4 indicators have turned bullish..Bullish percentage indicator being the most important.However pattern still bearish.Ron describes the contradictory signals facing the market really nicely but opts to go with the bullish BPI,all still within the context of a bear market (price below 50dma,which is below 200dma)

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