Here is how it looks
#1
Posted 19 March 2007 - 02:14 PM
Simple, isn't it?
Now, if you want to be confused, read sentiment surveys and forget your own opinion.
Denleo
#2
Posted 19 March 2007 - 02:19 PM
Ted's horizontals -
his newest site -
http://tic-tac-dough.com/
6 pages of his charts at his old site...4 years old I think
http://stockcharts.c...et?obj=ID445101
#3
Posted 19 March 2007 - 02:20 PM
Low volume test of a 20-day moving average in a down trend.
Simple, isn't it?
Now, if you want to be confused, read sentiment surveys and forget your own opinion.
Denleo
Exactly..
http://www.trueworldhistory.info/
#4
Posted 19 March 2007 - 02:24 PM
#5
Posted 19 March 2007 - 02:28 PM
Low volume test of a 20-day moving average in a down trend.
Simple, isn't it?
Now, if you want to be confused, read sentiment surveys and forget your own opinion.
Denleo
exactly. now if we drop like a rock the bear flag is confirmed/complete.
#6
Posted 19 March 2007 - 02:32 PM
#7
Posted 19 March 2007 - 02:38 PM
We will not drop like a rock before the FED. We have to go back and forth, test 20-day MA a few times, listen to the FED saying "it has never been better" and "we are monitoring everything closely", do a fake out on the upside, make certain advisors post 300 times, and then drop like a rock.
Denleo
It is unusual for a trend (ADX(14) > 30) to linger too long at that the 20.....
#8
Posted 19 March 2007 - 02:53 PM
But entirely possible.... BTW glance at the daily yen and it's 20;We will not drop like a rock before the FED. We have to go back and forth, test 20-day MA a few times, listen to the FED saying "it has never been better" and "we are monitoring everything closely", do a fake out on the upside, make certain advisors post 300 times, and then drop like a rock.
Denleo
It is unusual for a trend (ADX(14) > 30) to linger too long at that the 20.....