Directional Analysis

The market’s reversal was triggered by the news of Chrysler’s filling for chapter 11.  The news was not the only factor why we are going to be going down, but that’s how the market works. That is why the emotions of the masses trap people in the market at the tops and the bottoms, and the only way to make some sense of it all is by looking at the technical instruments. Hence……DIRECTIONAL ANALYSIS!!!!!!!!!!!!!!!!!!