04/06/2013

It is easy to forget the big trends when concentrating on the daily and hourly trends. Today I will start with showing you the MONTLY, WEEKLY and DAILY trends together for all the important indexes I follow. I would like you to carefully examine the Month and Week especially. The blue 8 MA on these charts show the long term and big trends and they are all up telling us that we are in long term bull markets and that is very difficult too change. When these long trends are up when the daily trend is down it is often just a correction. I use to start every morning myself to look at Month and Week and keep them in my head always. I will start now with the DOW.


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