Saturday, 29 September 2012

BKX - Failure at end of yearly cycle

BKX ended the second square of 180,completing 360 degrees/18 point Gann harmonic with a 7 day  blow-off rally and rapid retreat back  below price resistance,leaving a Pinocchio bar,which is bearish price action



1 comment:

  1. Pondering some charts Fri night, and I got an unusual feeling we could have an imminent crash. At a minimum, looking for iii of 5 down in the decline off the recent top. ETX

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