The magic green line has successfully kept the bulls under for 4 days so far ! What a magic line we have drawn !
The first time we showed this line is here, about one week ago. Just after the 3-levels of support for the bulls are presented in the blog.
Later, we presented that the magic line is broken. Since then, we predicted that this magic line becomes a major resistance of the bulls.
Last night, we moved forward and said the bulls need to break out this magic line in order to achieve a home run !
Today, The bulls failed again to break out the magic line. Moreover, it seems the magic line is becoming further away from the market close.
As a result, today we make another important prediction. Please remember this since it will be very important.
Here is the important prediction: The Market will find the top when it touches the magic green line but failed to break out it.
That's the way to spot the market top just based on chart. I am glad to be able to share with you and sincerely hope you can understand it well.
Finally, today a new high is printed, so it is a pivot day.
Ok. I think that's all for today. Tomorrow will be another day. Every time is different, every day is different as well.
Remarkable. Thanks for sharing.
ReplyDeleteTomorrow will be a down day.
ReplyDeleteTA
By the way, PPCO looks good now. I still hold it.
ReplyDeleteTA