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JJ8

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JJ8

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Monday, 03/16/2015 5:06:32 PM

Monday, March 16, 2015 5:06:32 PM

Post# of 22540
Today, 2 breakouts in important major market components of the LMP Indicator. This is positive news. But, it is early to assume that the current negative momentum has ended or is about to end. However, should this be followed by a gradual expansion of more breakouts in the next several market sessions, it would be a signal for a change in the direction of the market. We shall see.

BAC has been for the last (consecutive) 7 session, in the daily (PSAR) uptrend 'territory'. The slope of Linear Regression is positive. The 10-day EMA appears again poised to cross over the 20-day EMA. Fast STO looking good. RSI (14) at the neutral line and slightly positive at 50.35 GLTA
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