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Strategies & Market Trends : P&S and STO Death Blow's

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To: exp who wrote (30)5/13/2002 12:08:16 AM
From: Jeff   of 30712
 
george....never really charted the BKX.....so i took a quick look.....

the weekly and monthly are overbought....no death blows....

so i went to the daily....

stockcharts.com[h,a]daclyiay[db][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14]&pref=G

key points....

RSI turning down under 50....

under the 50 day ma now at 886....

its making lower highs now....

MACD in weak zone under 0 and hinting down...

PPO two hits at 0 without getting above...bad..

full STO death blow is near with a few more down days..

ADX split into a bottoming pattern with room for more down easy.....

it doesn't look good....
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