BPCOMP getting very close to turning down. Now at 49. It
will take a significant rally to raise the BP level, IMO.
Any rally from here is likely to be a perfect setup for
more distribution and will make generating sell signals
easier.
stockcharts.com
COMP 20pt chart. I am thinking that we bounce to between 1650 and 1680 here.
stockcharts.com
2,100.00 | + | + | | 2,100.00
2,080.00 | + | X + | | 2,080.00
2,060.00 | + X | X O + | | 2,060.00
2,040.00 | + X O | X O + | | 2,040.00
2,020.00 | X O | X O + | | 2,020.00
2,000.00 | X O X X| X O + | | 2,000.00
1,980.00 | X O X O X|O X O + | | 1,980.00
1,960.00 | X C O X O X|O X O + + | | 1,960.00
1,940.00 | X O X O O X|1 O X 2 X + | | 1,940.00
1,920.00 | X X X O X O | O X O X O X O + | | 1,920.00
1,900.00 | X O X O X O | O X O X O X O + | | 1,900.00
1,880.00 | X O X X O X | O O X O X O | | 1,880.00
1,860.00 | X O X O X O | + O O X X O | | 1,860.00
1,840.00 | X O X O X | + O X O X O |High| 1,840.00
1,820.00 | O X O X | + O X O X O X | | 1,820.00
1,800.00 | O X O |+ O X O 3 O X O | | 1,800.00
1,780.00 | O X X +| O O X 4 X O | | 1,780.00
1,760.00 | O X O X + | O X O X O | | 1,760.00
1,740.00 | O X X O B + | O X O O | | 1,740.00
1,720.00 | 9 X O X O X + | O X O | | 1,720.00
1,700.00 | O X O X O X + | O O |Avg | 1,700.00
1,680.00 | O X O X O X + | O | | 1,680.00
1,660.00 | O X O X O + | O | | 1,660.00
1,640.00 | O X X O + | O | | 1,640.00
1,620.00 | O X O X X + | 5 | | 1,620.00
1,600.00 | O X O X O X + | O | | 1,600.00
1,580.00 | O X O X O X + | O | | 1,580.00
1,560.00 | O X O O + | |Low | 1,560.00<
1,540.00 | O X + | | | 1,540.00
1,520.00 | O X X + | | | 1,520.00
1,500.00 | O X O A + | | | 1,500.00
1,480.00 | O X O X + | | | 1,480.00
1,460.00 | O X O X + | | | 1,460.00
1,440.00 | O X O X + | | | 1,440.00
1,420.00 | O X O + | | | 1,420.00
1,400.00 | O + | | | 1,400.00 |
