Thursday, April 15, 2010

Good Times Ahead?


The US market looks pretty bullish, as long as the market stays above the ascending trend line (denoted by the red arrow line).

Market volume has also shown signs of accumulation.

I have now entered a few Long positions in the market.

The market is now outside of the BB, so it may rest a bit. But I'm still bullish, as long as it stays above the red line.

If it continues up, I will add more Long positions.

We'll see.

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