Tuesday, January 3, 2012

The Technical Indicator: Charting a strong 2012 start

The Technical Indicator: Charting a strong 2012 start: While the U.S. markets have knifed from resistance, the near-term question is sustainability and follow through. More plainly, is Tuesday’s spike a first-day-of-the-year wonder?

Just my opinion but, I strongly disagree with this technical analisys. One day doesn't make anything. Further more look at the intraday and see that the market increase came before the opening and was not continued by the markets during the trading day.




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