9-Day, 10-Min. Chart: - 05 APR 2008 - TECH-NOTE: 1 - RSI tapers off >40 2 - Price (see annotations) 3 - STO's indicate imminent rebound likely 4 - MFI weakens; remains in bullish 30-80 range 5 - OBV weakens Overall - Bullish outlook; expect a weak interim with retracement to supports as shown.
Note, this chart is not meant to contradict or infirm what Clay Trader has provided in his video log ) Chart for 4-4-2008: http://www.tradewithoutemotion.com/asii1 ), where his timeframe of interest is much larger and looks at the bigger "motion picture"; I am offering a much narrower trading timeframe of interest. Keep your eyes on the big picture and keep listening to Clay Trader's logs. I believe there are outstanding and keep me learning everytime.
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