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To: sea_urchin who wrote (31049)4/1/1999 5:48:00 PM
From: long-gone  Respond to of 116762
 
OT
<<As you say, could be turnup time.>>

I like turnips sliced thin; baked with onions, swiss cheese, & a little dry white wine.
(sorry - just had to say it)



To: sea_urchin who wrote (31049)4/2/1999 11:08:00 AM
From: Hawkmoon  Read Replies (2) | Respond to of 116762
 
You almost had me fooled with that 5 minute chart on the XAU..... :0)

Check out the hourly and daily and you get a slightly different perspective.

The hourly indicates a strong possibility of a gap-down:

iqc.com

Note Bollinger Band "pinch" which often denotes a substantial move in one direction or another. It is turning negative and MACD is threatening to break below the mid-line.

Now take a gander at the 30 minute chart for confirmation of this trend:

iqc.com

Daily chart indicates a revisit of recent lows around 56 and the weekly indicates a revisit to previous lows reached last September:

iqc.com

Regards,

Ron