Sunday, June 12, 2011 9:34:29 PM
Golden Cross in effect, No Moons or Diamonds involved :P
> Daily - Soon to be a "Golden Cross" (50ma/200ma cross) consolidation is normal before this pattern most of the time.
> Weekly - look at that Accumulation/Distribution line MA cross & the RSI + Stochastics also as you can see the PPS will play between the 100ma (sup) & 200ma (res) has stronger affect than the daily :)
-Res/Sup #1 0016 (200ma DAILY) 0017 (50ma Weekly)
-Res/Sup #2 0025 (100ma weekly) *MAJOR SUPPORT ON THE WEEKLY
-Res/Sup #3 003 pps range Strong Round Number Support + (20ma daily & main BBands MA acting as support)
-Res #4 0048/005 pps range
-Res #5 0069/0075 pps range
-Res #6 0.01 round number Resistence level
-Res #7 0.013 pps major res (200ma on weekly)
-Res #8 02 pps MAJOR res => THEN BLUE SKIES wooohooo !!!
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