Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Wednesday, October 2, 2013

Drop and Squeeze...Again

Stock Market Technical Analysis blog

click on image to enlarge

In the market today we had a slightly down day as we dropped at the open then squeezed part of the way back up.  Benny is trying to sell a breakout of the downhill blue line channel in chart 2 using the roughly crafted red line channel also shown.  Any takers?

Trade well my friends