STI Wierd pattern
I actually couldn't figure out what STI is doing.
Is it because I have been away for quite a while and I have not been sharpening my saw?
I was looking at STI and I am pretty sure it is doing a top formation. and the fact that it is lower than the high of 2007, this could actually be count wave of a, b and c. This would be before it is going further down with a C. I added a Gann Fan and interestingly, it is dropping level by level of the Gann Fan. In fact it has just dropped one lavel last week, so I gather base on the Gann fan that it will not exceed 3,150, this week at least.
posted by denzuko1 @ 10:13 PM
3 Comments:
welcome back, pal! How are you doing?
Long time no see, Top Trader. I am fine, thanks for asking.
Been busy as the new job takes on regional responsibilities.
So I gather the market have been good to you the last few months.
That's true. I've been focusing on investment psychology in recent months.
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