Wednesday, March 3, 2010

4 DAY RULE

Yesterdays rally completed a 4 day rule possible trend change. (4 days in a row counter to the trend after a long intermediate move often signals a trend change.)


We also have the same signal in the miners which in my opinion is more important as the miners have been the laggards in this sector. We need to see the miners leading this rally. 



If the trend break can hold into the close that will be another big step in the right direction towards confirming a continuation of the C-wave.