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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Evidence for Both Sides

chessNwine Tue Feb 8, 2011 10:05pm EST 1 Comment

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MARKET WRAP UP 02/08/11

The resilience of this market cannot be denied. Below, I have outlined what I believe to be the three best bullish arguments for continued strength, versus the three best bearish charts that would support the thesis that an intermediate-term top is imminent.

BULLISH

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AAPL Breaking Out.

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BEARISH

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One comment

  1. skayfe
    skayfe
    February 9, 2011 at 5:55 am

    remember it was trannies leading us at the bginning of this rally, now they’re lagging, definite warning sign.
    Thanks Chess, always a good read!

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