This is a chart of the dow jones chart in 2013 and so far we have been travelling up nicely in an upwards channel. The bulls have been in full force that is for sure since the 1st of January 2013.
But the cypress bank news really has stopped things skidding up higher. Have a look at the chart below, you can see that the last week or so the market has not really done much at all. Ever since the cypress news, investors have become nervous and that nervousness has spilled across into the market.
The market breadth for the dow jones chart 2013 has sentiment trader a little bit complacent right now....and we are.....{{ VIP MEMBERS ONLY }}
Free SENTIMENT Newsletter (Worth $97)
.
.
No comments:
Post a Comment