Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1503.26). New high on daily 3LB (reversal is 1494.81). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.
Bearish short day. Midpoint below EMA(10). Still failing the 38.2% retrace (79.97). Still failing all SMA's. No dally 3LB changes (reversal is 79.25).
Bearish long day. Midpoint above EMA(10). Still below all SMA's. Holding above its 0.0% retrace (12.29). No daily 3LB changes (reversal is 12.43).
Bullish short day. Midpoint below EMA(10). Still failing its 50.0% retrace (1670.30). Still failing all SMA's. No daily 3LB changes (reversal is 1693.80). Must have the precious.
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 50.0% retrace (1.3436). New high on daily 3LB (reversal is 1.3385).
Bearish short day. Midpoint below EMA(10). Still above all SMA's. Holding above its 100.0% retrace (40.86). Daily 3LB reversal down (reversal is 41.37).
Bullish long day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (19.37). New high on daily 3LB (reversal is 18.98).
Bullish long day. Now above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (92.76). New high on dally 3LB changes (reversal is 95.49).
Bullish short day. Tested and held SMA(21). Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (31.30). No daily 3LB changes (reversal is 29.67).
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 100.0% retrace (53.88). No daily 3LB changes (reversal is 53.73).
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 38.2% retrace (0.7907). No daily 3LB changes (reversal is 0.7850).
Bullish short day. Midpoint below EMA(10). Tested and held SMA(21). Tested and held its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.536).
Doji day (confirmed bullish piercing). Still failing all SMA's. Midpoint below EMA(10). Still failing its 61.8% retrace (463.72). Still failing BB(2,200). No daily 3LB changes (reversal is 501.75).
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55). Holding above its 38.2% retrace (557.71). No daily 3LB changes (reversal is 566.74).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
5 comments:
AmenRa,
with..
http://finviz.com/quote.ashx?t=XRX
'Candle-wise', that last Candle doesn't look good, to me, at all..
how do you read that?
AAIP
AAIP
That's a bearish harami using the last two candles. But it works better when the short day closes below the midpoint of the previous long candle. That's why you're supposed to wait for confirmation by a lower close the next day following the pattern.
The negative print on the GDP today was the most interesting news to me in months...I suppose it means that ZIRP is not going to die in my lifetime...
..I read the internals of the GDP..but how do you explain this with this much massive government overspending going on?
...can it be that there's just a limit to how much government largesse we should have??
AmenRa,
killer, so Today, w/ XRX +0.02
http://finviz.com/quote.ashx?t=XRX&ty=c&ta=1&p=d
'non-confirmation'?
still, 'looking 'Dicey'..'
AAIP
AAIP
That's why the close is important with candles. The weekly chart is close to resistance (just over 8.50) so the bullish move may be over soon.
Post a Comment