Saturday, 29 December 2012

Bear Market?

Some charts below to indicate a bear market in the months ahead, maybe even to 2017 or so. 

 The Stochastics indicator and the support resistance line give the dow jones away to a bear market.
 The market is rolling over.
 The Stochastics indicator didn't make it to the 80 level. just like in 2008.
 The Stochastics indicator on the monthly chart didn't make it to the 80 level.
There is probability of a bear market going forward into 2017 or so...

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