Early signs of trend reversal | ^OEX Message Board Posts


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Msg  1130 of 1132  at  4/3/2009 5:04:42 PM  by

jlion22


 In response to msg 1113 by  2cents
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Re: Early signs of trend reversal

Not sure of what you are saying 2 cents. When, or about when, do you expect this reversal to a rising market to start? We are now about 7980 on the DOw. Perhaps about 1600 on the Nasdaq. It seems we are struggling to cross the downsloping H&S trendline thru its right shoulder. Am I wrong? I mentioned earlier that I saw a goodly nunmber of reverse H&S charts. I assumed they were all suggesting an upside reversal soon. But no one seemed to respond to this observation. jlion22


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