Stock Major Market Stress
Stock-Markets / Stock Markets 2015 Jun 04, 2015 - 09:59 AM GMTThis is the updated P&F Chart of the Institutional "core holdings" that we posted last week.
Note how it has stayed within its rising wedge pattern ... that is a short term plus for now and until there is a downside breakout. (Historically, rising wedges break to the downside.)
By Marty Chenard
http://www.stocktiming.com/
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Marty Chenard is the Author and Teacher of two Seminar Courses on "Advanced Technical Analysis Investing", Mr. Chenard has been investing for over 30 years. In 2001 when the NASDAQ dropped 24.5%, his personal investment performance for the year was a gain of 57.428%. He is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools. As a result, he was out of the market two weeks before the 1987 Crash in the most recent Bear Market he faxed his Members in March 2000 telling them all to SELL. He is an advanced technical analyst and not an investment advisor, nor a securities broker.
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