MARSH AND MCLENNAN COMPANIES INC. - MMC
Monthly chart shows the stock has been in consolidation/trading range/bear flag since October 2004.
Weekly chart shows a smaller trading range and consolidation.
Daily chart shows a kicker signal pattern created with Friday's trading session. This kicker signal opened at/near the prior day's open, and sold off into the close, indicating a major change in investor sentiment. Look for continued weakness and a re-test of the current low, and then new lows.
Sunday, June 08, 2008
MMC Analysis for 06.08.2008
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