Long term look at Crude...
For the Web's best interactive charts, please visit http://www.Prophet.Net
Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
Wednesday, February 11, 2009
Crude monthly
Long term look at Crude...
For the Web's best interactive charts, please visit http://www.Prophet.Net
$TNX
A possible target can be found by throwing up some Fibonacci lines.....16.27 anyone?
For the Web's best interactive charts, please visit http://www.Prophet.Net
$TNX
Now let's take a look at the 10 year note on a monthly scale....
Bottom line is money is cheap, but it may get cheaper.......
For the Web's best interactive charts, please visit http://www.Prophet.Net
$TNX
10 year treasury note bounced off of resistance....This 1 year daily shows the failure to pierce the 30.74 mark.
For the Web's best interactive charts, please visit http://www.Prophet.Net
ProphetCharts: $SPX
Will the triangle be broken or will the release of the "Stimulus" push the market back to the topside of the traingle?
For the Web's best interactive charts, please visit http://www.Prophet.Net
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