Tuesday, March 09, 2010 10:13:35 PM
Sidelines Mode
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
Based on a pre-defined weighted trend formula for chart analysis, GDHI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
+15 New 3 Day High on Wednesday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, Week Ending February 27th
+30 New 3 Month High in February
-55 Total Score
Open High Low GDHI Price Change
0.0022 0.0024 0.0021 0.0022 -0.0001
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