Post by theMist on Dec 24, 2018 9:20:59 GMT -5
Jim's video
This past week really took out the lower LONG term line of support in a substantial way and as a result we now must consider that
the 9+ year bull market has likely seen its top, though the final topping pattern may not yet be completed. We now have two downside
targets, one from the last 2 months' consolidation (already met) and the other from the rather strange head and shoulders pattern (not met yet).
There is a HINT at this point of a pull back rally possibly in the making. Personally, I am waiting for that rally to evaluate my stocks and take the
appropriate action for ME. You need to make up your own minds what is right...
This past week really took out the lower LONG term line of support in a substantial way and as a result we now must consider that
the 9+ year bull market has likely seen its top, though the final topping pattern may not yet be completed. We now have two downside
targets, one from the last 2 months' consolidation (already met) and the other from the rather strange head and shoulders pattern (not met yet).
There is a HINT at this point of a pull back rally possibly in the making. Personally, I am waiting for that rally to evaluate my stocks and take the
appropriate action for ME. You need to make up your own minds what is right...
