Follow Through/Leaders Chart

Tuesday, March 18, 2008

Failed Rally Attempt

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Yesterday's lows ended a rally attempt started on 3/10, but the market does appear to be turning around. Volume on up days has been higher than down days within the past month, a sign that the bulls are starting to wake up. Still, the market has yet to prove itself before it is safe to buy.

1 comment:

gary said...

Trend change to Rally??