Thursday, 21 July 2016

Trend Wizard Timing Tool Is Still Positive - When Will It Cross?

The Trend Wizard Timing Tool is still positive but when will it crossover to the downside?

Below.......Note how the price of the Russell 2000 is at the upper level inside the downward channel and the massive head and shoulder pattern. If the price does a sustainable breakout it could go sky high, however, I can't really see that happening. Then again the market is a funny beast and does the irrational. 
Odds are........ the index's go to the downside. 

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