Wednesday, 4 April 2012

Greek FTASE20 bullish and bearish thoughts.

Market continues to decline. In the chart you can see the 1 less bullish scenario and one bearish scenario at play. However even if the  market is moving impulsively downwards in a 3rd wave (of the 5th probably), then why is volume declining? Once again I will say that I give more chances to the bullish scenarios but I will enter this market only when I'll see increased volume with rising prices and impulsive moves  upwards.

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