Copper Analysis 2012-12-01
All over the news is the "fiscal cliff." So if there is a cliff in front of us, what are our choices? Cross it like Wile E. Coyote, stand at the edge and look at it, or turn around. I was taught some time ago, if we are not moving forward, we are going backwards.
If you like reading charts, the S&P and NASDAQ are both forming the pattern called the "Kiss of Death" or "Kiss Goodbye". If it follows through then look out below. Coincidental timing with this Cliff?
Both of these charts show a wedge has formed, and is getting tighter and tighter. It may get exciting once she breaks in either direction, and if it doesn't, that is OK. Boring is good sometimes.
http://i48.tinypic.com/2m6k4cp.jpg
http://i45.tinypic.com/20rv4wh.jpg
not sure i dont see a light yet maybe soon and thanks for the charts love them
:confused::D:cool:
Quote:
Originally Posted by
jghilino
so what are the winners and losers gonna be, how is everyone preparing?
