Market news and comments. I will post some of the technical alarms and interesting patterns developed in stocks and worldwide indexes.
That MRK looks really pinned in, ready to bust a move....my choice, down.I posted a boatload of charts (3 seperate posts), check them out.http://oahutrading.blogspot.com/
Hi Steveo! Full agree. Down, like the SPY. I did not make any statement in the post, because I do not want to influence in what the reader understand.
I think the Elliot wave count posted in the charts does not suit to what I am thinking right now. I will look for an alternative elliot wave count