Business Magazine
Not much more to say that hasn't already been said this week. I moved my stop up to a little below this week's low.
Chart:
This intiial short term cycle off this low projects to the Feb 21-26 time frame. We have not broken down or rolled over so there is no reason to harvest or take a short position. The bear scenario we have been discussing that projects 1707 lives as long as we do not make a new high--it contemplates a failure at this top area next week or early the following week when the cycle tops. There is no point in thinking about that right now as we shall see when we get there.
There is always a bear path and a bull path. We cannot know which path our future will choose. As always, do your own due diligence, read the disclaimer, and make your own investment decisions.
Have a great weekend!
Peace, Om,
SoulJester