as you can see Kraft has been going down for a long time. but for the last 2 month's it's been forming a massive bear flag on the weekly chart and it looks like it's getting ready to break down big time. so if you're not going to short at least get out of the way.
Yes this really happened.! and it was probably the worst bull trap in history at least in a major index notes haw the 50 day moving average crossed back above the 100 day and stayed above it for some time before the big drop. the 1937 stock market crash happened not long after the infamous 1929 crash that kicked off the great depression and what took so many...
look I'm not saying this is going to happen. but I do think people should keep in mind that it is possible this looks to me like a parabolic trend and parabolic trends cant go on for ever so just keep an open mind about this .
oil has fallen 20%
in the last month so sum people probably think that it's going to bottom soon but I
think this chart specks for it's self. the long term up trend in dark green started in 1999 and has held ever sense and it looks lick it's set to hit it agene
with the old support in green now resistants' and a new support line in red under that crossing the first. one is about to brake I think the probability of gold getting back above the old support is very low but it is possible if you look at the monthly chart you will see that this could be a false brake out.
will it hold. if it doesn't we mite fall to the next support level which as you can see is a way's dawn but I think if it dose fall below the . first level the next one will hold. at least for now
