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Re: abbytraderwin post# 5827

Thursday, 05/29/2008 1:39:08 PM

Thursday, May 29, 2008 1:39:08 PM

Post# of 10243
2dma/5dma crossover is tighening up now. Currently .0036/.0039 from .0038/.0043 yesterday. 10dma is leveling off at .0047. Now only 3 ticks between the 2/5dma crossover. Looking for a Doji or green close today at minimum. Sell volume is drying up and overall volume is lower today. Nice setup. Also today was the first day in 5 without a Gap and Trap at open. I think we have another fake wall at .0039 with NITE scaring for shares currently at .0036. Lunch will be over soon so enjoy the rest of the day and tomorrow. MACD(12,26,9) may be bottoming as well since the negative crossover on 5/23. PPO(2,4,9), MACD(2,4,9) and TRIX(3,3) are all in position to cross positively and should close up into the close today. I wonder why there is not a good chart in the IBOX here.



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