Monday, March 30, 2009

New down triangle was issued for the DOW

Yesterday, I wrote that I wouldn't be surprised if M Club issued a new down trade triangle. We just got one.

The Dollar, gained big against the Canadian Dollar today and yesterday, I wrote that the USD/CAD chart showed this would be inevitable. Is technical analysis more important then fundamental analysis? The very essence of Elliot Waves suggest that price and news have no correlation...which is scary, if true. (The secret is the link below...hint, hint.)


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