Folks, did you read Mike Korell's comments yesterday? About the idea of the markets printing a low before rising into Monday? One way to think about that is don't short unless yesterday's low is violated - and cover or get long if yesterday's high is violated. Nimble traders obviously have the advantage. Swing and cash players, just remember the idea I mentioned that fund managers like to buy a low in late month - and also, our 2010 Plan of holding for a high in late May.
And gold traders/investors - don't forget the idea of buying a low before May! We may have a good breakout underway. So anyway - for today's stock market map, thanks to Mike Korell of ChartsEdge and his page at http://www.chartsedge.com/wp/
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ChartsEdge Pattern Recognition
Posted: April 29th, 2010 | Author: Mike Korell | Filed under: One-Day Market Map | No Comments »
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