While nothing can go up forever, the Guppy Multiple Moving Average Charts below send a clear message that the current trend remains up. There will surely be another pullback, but I don't try to predict what will happen - I just try to listen to what the market is saying.
Nasdaq = Uptrend on all timeframes
China = Uptrend
US Dollar = Uptrend
EW (Edwards Lifesciences) = Uptrend
I could go on, but that's the idea.
Friday, April 9, 2010
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