BullBear Trading: Stock and Financial Market Technical Analysis

2/3/11

 

Closing Comments:

We now have exact guidelines for a directional move

We closed the session on a very bearish time frame

I’ll update it later

But in short if 1305.75 stays intact as the high until 11:00EST

Then we have confirmation of the bearish pattern

These patterns do either one of two things

An immediate break

Or

A giant head fake and then the move

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