SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Haim R. Branisteanu who wrote (16363)8/22/2001 7:36:08 PM
From: donald sew  Read Replies (2) of 52237
 
Haim,

>>>> Is the dollar forming a hammer? <<<<

Its actually a PAPER UMBRELLA. Umbrella is the generic description. When an Umbrella forms after a significant rally its a HANGING MAN, and when if forms after a significant pullback its a HAMMER.

This Umbrella formed after 4 days of relative flatness, which I consider as inconclusive.

I still have the NEGATED CLASS 1 SIGNAL on it, so its still in NEGATIVE MODE per my short-term techncials. It would need to break significantly above this flat period to end the NEGATED CLASS 1 SIGNAL.

seeya
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext