AI
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| Alias Born | 03/01/2004 |
Saturday, September 18, 2004 11:16:55 AM
GZFX annotated.... You see the step downs with the bounce off the bottom Bollie bands happening on a regular base.. angle is steep. None of the mini runs going down have broken thru the bollie median. This last candle did. It might hold for a little while. What is needed is force in the PPO or Macd to boost it to a good run. The ADX is setting up for the proper crossover but without volume of 20 million or more buying, this will peter out and flatten and probably repeat the down trend... then we would have to rely on the bottom being higher than the previous bottom to maybe see a confirmation of the reversal.
Third day into a run is a critical. Usually selling occurs. Also we are coming off a semi holiday and its a monday.
must break thru the 32 , 50, and 200 ema.... its a lot of work ahead.
Third day into a run is a critical. Usually selling occurs. Also we are coming off a semi holiday and its a monday.
must break thru the 32 , 50, and 200 ema.... its a lot of work ahead.
PINKY RHYMES WITH STINKY!
