May 23 09 Stock Market Trends Technical Analysis

NASDAQ and FTSE still stuck at 200ma, next week should see a break in one direction. US$ continues to slide, 30 Year T bond yield rising. See my blog for a link to Colin Nicholsons newsletter and analysis of final phase of bear market.

Duration : 0:10:47


[youtube w5wzZAUEZjQ]

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4 Responses to May 23 09 Stock Market Trends Technical Analysis

  1. attitude928 says:

    Nice chart on how …
    Nice chart on how we punctured the 3rd deviation of the 50 month moving average for the S&P. Most indicators say our markets are going down now. What’s your sense of what deviation we pierced in the Great Depression?

  2. 1120ok says:

    Colin Nicholson is …
    Colin Nicholson is good reading indeed. Thanks for the recommendation. This should be required reading for all!

  3. pokerbob1 says:

    talk louder!!
    talk louder!!

  4. unworldlything says:

    markets gonna go …
    markets gonna go down!