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Strategies & Market Trends : Underexposed Technical Analysis

AQN 6.500

-0.5%

Feb 6 3:59 PM EST

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To: Trumptown who wrote (46)	3/20/2017 10:33:43 AM
From: Underexposed	Read Replies (1) of 914

As far as UTX is concerned, my reservations about this stock are gone See how all indicators now have the beginnings of a positive slope, including the MACD.... that indicates to me the beginning of a bullish run.... if you are conservative you might wait another day but I think it is OK now. As far as those who are shorting SPY.... the shorts may be in for a rude awakening.. See how the price stays above the 20daySMA...... The Slo Sto is already staying bullish... We are just waiting for the MACD to turn positive and the BBwidth to suddenly go positive slope. We won't have to wait long.... the BBwidth is in range now (ie: the bollies are as tight as need be for a breakout to happen. I have taken a brief look at my other charts and they are 90% bullish... So I personally think there will be a real bullish lift-off as short sellers rush to cover their shorts.

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