Tuesday, July 18, 2006 3:05:00 AM
all in my humble opinion. .
here's what i notice from looking at that chart:
1) on the first indicator, the rsi, i have heard that an upward
movement thru 30 represents an ideal entry point, with the next
best entry being upward thru 50. seems like the
trend is down thru 50 now, so at least it's not overbought and
due for a pullback. . . lol. .
2) next indicator is the macd. ive heard that upward movement thru 0.0 represents a solid move into bullish territory. . seems like the trend is down, approaching the 0 line now. .
3) next is the cci. . again, ive heard that a solid entry point
is an upward move thru -100. . . seems like the trend is down
approaching -100 now. .
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