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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: 200ma who wrote (174)	11/1/2004 8:47:52 AM
From: chowder	Respond to of 13449

RANGY is still in a channel trade mode between 2.25 and 2.60. RANGY may continue to rise but the other indicators are not confirming the rising prices. MACD which measures the trend is actually showing negative fuel cells and shows the weakness is gaining momentum to the downside. Rate Of Change (ROC) is also declining. It should be rising if price is rising, if you want confirmation of the price movement. We could see the indicators turn around in the next day or two, I'm not sure yet. However, they should be monitored and don't ignore any price movement that closes below support levels. stockcharts.com[h,a]daclyiay[pb50!b20!f][vc60][iut!Lah10,30,5!Lm12]&pref=G dabum