The perfect timing
Posted on May 9, 2008
Filed Under Stock Code Trading |
Retracement starting today! picture of the CAC40 from yesterday till today morning below… Timing in agreement with our detailed scenario (see previous posts: reminder of the post of may 6th: A possible timing for stocks this week could be as follows: boost end of day or tomorrow (a strong one) followed by a deep retracement (of a few %) @ the end of the week… but without breaking the uptrend configuration… Stocks are standing at a moment of truth facing major resistances as well as bonds are close to strong supports! It should generate some “extreme” hi/lo fluctuations and we need to monitor them this week. )
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