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BEARS STILL IN CHARGENSE ASI continued its journey still on a Low volume down by 85.02 points today confirming the domination by the Bears. No big surprise so as to say. As a technical trader, my charts are still telling me the 22,ooo points stays and that investors and traders are bearish and have been bearish about all that have happened over the past months and going by the principle of technical analysis, they are expected to continue to be bearish until something significant hit the wires.
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This commentary is not
a recommendation to buy or sell, but rather a guideline to
interpreting the specified indicators. This information should only
be used by investors who are aware of the risk inherent in
securities trading. TRW accepts no liability whatsoever for any loss arising from any use of this expert or its contents. |
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