Friday, November 9, 2012

NZD Indicator, Backtest of a Wedge Break VERY BEARISH

This stealth bear drop has been effective,
No one shouting P3
Not many bears jumping in short
Instead, trying to buy the dip

My indicator say there is more downside immediately ahead.   Whilst we sit here complacent.  


  1. Thanks for the heads up on this one Steveo.
    I don't like the look of this market, not one little bit.

    All the best.

  2. Yep, playing the short side, for now even into the weekend.


Insightful and Useful Comment!