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Wednesday, August 06, 2014 9:29:27 PM
CCI, RSI, Accm/Dist, ADX, PPO, WM%R, Aroon, Fast, Slow, and Full STO's, MACD, and CMF also on all charts are ALL WAY DOWN....Indicating (whether one believes charts or not) ....
...the Trading situation is a Big Negative at this moment....with the Highest Risk factor indicating downside before any upside if upside happens at all......
So....along with the DJIA being down still with the general slowdown in Trading overall accompanying it.......
with this downtrend in the Dow at the moment...along with the Highly negative readings of indicators ....with a very few bits of mixed positive points here and there.....
for the SP to go up at all for NWGC, even a little increase in the SP ...let alone significant increases......the News has to have made a Very Large Impression enough to make a difference in the negative trending of the past week....
all this indicating overall....the Risk/Reward factor ....technically speaking.... "Stinks" about as much as it could if not for the Highly Questionable fluff (so-called) "News" put out in the past 2 days along with the (so-called)"transparent" CC....(BTW...'transparent' is not a term approprite for the Street and should be reserved for kid gloves needed for PC whining gabones).
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