bcfred

bcfred Updated 

While we all hope that the current 20% correction is just that.. a minor 20% bump in the road, it is important to look at both the upside and the downside for the markets. History doesn't repeat, but it does reverberate and have echoes of the past can be insightful. In my lifetime I've heard of the markets going up and up and up, but it is also important to be...

bcfred

The 3D price tracking for NR is looking quite interesting to make a possible strong break one way or the other. On the upside, there's a possible inverse head and shoulders and the resistance line hits back to the 2012 lows. If it breaks up, the pattern would support a target around 5.8-6.0. If it fails to break up, then it looks at crashing downwards. Either...