Candlestick Analyst: Decision Time for U.S. Stocks

April 12th, 2011
in econ_news

candlesticks Econintersect:  William Kurtz, founder and CEO of Candle Wave LLC, says his readings of the traditional Japanese charts for U.S. stocks finds the market has arrived at a critical juncture.  Kurtz discusses some technical readings that indicate  stocks could move higher and conflicting signs that stocks could be ending the big rally that started over two years ago.

Follow up:

Kurtz finds the evidence of a top may be in the process of outwrighing the indicators for a further advance.  He wrote:

It seems increasingly likely that the Great Rally is over.  If, as we think, it has been a countertrend move which began in March 2009, then it will be completely retraced – at the least.

Source:  GEI Investing 









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved