Thursday, April 08, 2010

Indicators??? No joke! :)







Thanks to my friend and great trader mfc12 for these pictures and idea :) 












SPX MONTHLY chart: See what happened with the "pesimistic" view that PIC 1(published a year ago) forecasted: market  faded it 100%!

PIC 1

PIC 2
This is pic 2 (published this week) and the corresponding forecast (in btw the lines). What do you think the most probable market reaction would be? Please them? For how long???