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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (45926)2/11/2013 3:30:25 PM
From: sandeep  Read Replies (1) | Respond to of 220900
 
20-ema on the hourly chart providing nice support today. RSI not overbought, Stochastics changing to positive.



To: sandeep who wrote (45926)2/11/2013 7:11:08 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 220900
 
Another T shaped candle formed today with a continued fall in daily volume. Where have all of the traders gone? We normally see an equal down day following this candle shape.

The price is now trading firmly below the middle and lower tine on the A-Fork so the middle tine is now firm upper trend resistance.

All lower indicators are trading in their sell zones but no confirmed sell signals as of close today. The march down on the S&P followed by an influx of cash points to more market manipulation by FED - IMO.