Two charts that are very clear as to what the investor can expect and trust. You can trust these charts just as much as you can bet that Bruce Willis will never get killed off in a Die Hard movie, ever!
These two charts have been posted recently, here is an update showing that the markets are at a critical point. More selling will be very serious. Those that have access to RTT Market Timer have the best tool on the wed to judge the current market correction (which is only 5% so far...a nothing).
A special favorite, notice the break of the 1x1 Gann angle. It better bounce!
Investing Quote...
"Tape reading is rapid-fire horse sense...The Tape Reader aims to make deductions from each succeeding transaction -- every shift of the market kaleidoscope; to grasp a new situation, force it lightning-like through the weighing machine of the brain and to reach a decision which will be acted upon with coolness and precision" ~ Richard D Wyckoff
"The stock market is filled with individuals who know the price of everything, but the value of nothing" ~ Philip Fisher
