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OneRunG

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OneRunG

Re: None

Thursday, 01/21/2010 10:07:10 AM

Thursday, January 21, 2010 10:07:10 AM

Post# of 4849
From a purely TA perspective, we are approaching the cliff today/tomorrow. Either we fly, or crash (although most TA points to crash/downward pressure on the PPS).

Trend - MACD showing bearish cross with EMA today unless we lift off intraday
Momentum - Stoch RSI showing upward trend to overbought conditions at 67% (70% = overbought)
Volume - Accumulation still up big and showing huge positive divergence but approaching resistance.

Sorry for lack of chart.

any educated commentary? all welcome.

IMO.
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