December 24, 2013



  • Cat daily chart shows price breaking resistance levels. Next resistance at 90.69. 
  • Weekly chart shows price violating the Weekly ichimoku cloud and 50% Fib level. Bulls need a weekly close above these levels to extend the current up move.
  • BLACKBERRY Falling wedge pattern
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  • If Price gives a bearish candle at the resistance line then combining with the negative divergence Dow Jones may give a small pullback for bears.
  • BLACKBERRY Falling wedge pattern
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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore