Friday, January 30, 2015

NYSE: Pick a Triangle; any Triangle......Bullish or Bearish?

NYSE Daily Chart @ Close 01/29/2015
Little to report as the Triangle mystery unfolds; our suspicion that is it a Bullish one & New Highs abound.
Whether they are nothing more than a 'fleeting' phenomena or not the larger question to be answered as Q1 2015 edges into the Deflation Fog.
Medium- Term; put us in the Skeptics/ Bears Camp as we sit out this part of the huge Rally since  2009/ 10/ 11....whichever one is your particular 'poison'.