AI
Sunday, January 06, 2008 4:39:29 PM
A few TA notes by 'selecto' at TT
1. The BB centerline (20 ma) has turned for down. These turns tend to run.
2. The upper band is flaring away opposite the direction of price whilst the lower band is yielding. This is a continuation signal until we loose the upper flare.
3. The Mac cross for down shows no histogram warning of a pause.
4. There is a scholastic “sell” signal. There is an OBV “sell” signal.
5. Volatility has not reached the level of previous lows, and shows no warnings of leg reversal. In fact the VIX chart itself is somewhat bullish. Mac, for instance, has crossed for up below the 0 line.
http://www.traders-talk.com/mb2/index.php?showtopic=81964
1. The BB centerline (20 ma) has turned for down. These turns tend to run.
2. The upper band is flaring away opposite the direction of price whilst the lower band is yielding. This is a continuation signal until we loose the upper flare.
3. The Mac cross for down shows no histogram warning of a pause.
4. There is a scholastic “sell” signal. There is an OBV “sell” signal.
5. Volatility has not reached the level of previous lows, and shows no warnings of leg reversal. In fact the VIX chart itself is somewhat bullish. Mac, for instance, has crossed for up below the 0 line.
http://www.traders-talk.com/mb2/index.php?showtopic=81964
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