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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (123986)9/13/2005 9:58:46 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
You are absolutely right on the $MID, it looks far more "real" with the overlapping. I also was noticing the AXP daily may have just completed one as well. And I continue to be suspicious of the SOX. This does not look like a pattern out of which it looks to launch, I think a decent wave down may be coming there of about 30 points.

Hmmmm.....I am going to make a quick decision tomorrow and may have to lose a few longs.



To: skinowski who wrote (123986)9/14/2005 9:09:03 AM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
[MID] The Candle Pattern on the MID is ominous. I agree.

Evening Star which contains a Pure Black Bozu.
candlesticker.com

It does not have any shadows on either end. It is an extremely strong bearish candlestick pattern.
candlesticker.com

And the MACD is starting to roll over. It will need to bounce before the fast line makes a crossover. Look to the 50 for support.

stockcharts.com