Wednesday, November 27, 2013

Scary Fibo and Flag and Euro getting Strong to 78 Fibo

For PWB a scary prospect for bears, the flag was drawn in May, just drew in the Fibo tonight, perfect match.     Lower chart says we are at the top, at least for now.

Parabolic to pop the B177 outside channel line.        Could this not be a top, sure.    Nothing like endless printing.    Consider that....endless printing.    Kind of like perpetual drinks to a drunken sailor ready for Black Friday.


  1. I'm struggling with the bull flag - but then, this market has been bullish for far longer than I imagined. Maybe QE makes it keep going even longer???
    Thanks for the chart Steveo

  2. I am still thinking this puppy is toast next 1.5 weeks, and then rally for Santa and the Brokster bonuses.


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