I strongly believe that the charts often speak themselves,
you
just need to look at them from the right angle and at the right moment
- JB90
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09/01/2000
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Double top pattern suggests an imminent correction |
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Our analysis tells us that a small to medium sized correction is imminent in Nasdaq hi-tech market now. We think we should not fall much lower than 3800 to 3900 levels though. Bearish divergence between Momentum Oscillator and Index is
confirming our guess (see the red line on Oscillator plot). Good luck, Subscribe to our newsletter
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| My Portfolio | |||
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| Bernie Schaeffer's commentary | |||
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