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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (212026)7/23/2009 2:43:51 PM
From: GalirayoRead Replies (1) | Respond to of 306849
 
Sure .. With all the consecutive up days and the move .. I'll expect this Mid Line .. [Red] to act a solid R.

Over that with conviction it's on a another leg up. The measured move out of the possible rectangle may be in play. Or the IH&S Consolidation if that's what that is.

Today it's still moving over and above the 21ma on a very Steep Slope. A very Bullish angle but the distance already traveled in % terms should place it in the out of steam mode.

stockcharts.com

I've been expecting it to replicate the March 08 move. The Angle [Slope] of Advance was very similar .. but no such luck yet.

stockcharts.com



To: LTK007 who wrote (212026)7/23/2009 5:02:22 PM
From: GalirayoRespond to of 306849
 
Keep looking and trying on those 8 to 10 patterns.

You'll like the way you Look. ;)