I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Friday, December 4, 2009

Like Sands Through the Hourglass, So Are the Days of Our Lives

.... Just to finish off the joke :)

Current count. Could be a double bottom for 2 at the 62% retrace?

Update - 3:15. Adding the 5 min chart for reference. Also note the positive divergence at the double bottom today as well as the falling wedge shaped pattern. This is another reason why I think the count is pointing to more upside

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