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Re: EnergyGuy62 post# 95

Tuesday, 04/06/2010 10:22:31 PM

Tuesday, April 06, 2010 10:22:31 PM

Post# of 139
A unique technical event is approching with unr in that the bollinger bands are closing up on the monthly long term chart as well as the weekly.Could be that when the daily chart bollinger bands tighten again the 3 (monthly,weekly& daily)time lengths align, we probably will have major movement imo.I've been watching this change over the last month and was waiting for the pps to drop down a little to centralize between the bands..this is now occuring...getting close...tightening B Bands are indictitive of a stabilizing period with movement to proceed like a tube of toothpaste being squeezed...highly unusual and rare to have the 3 align...especially the monthly...also highly unlikely for a move not to occur..also the macd is approching the zero line on the monthly..a positive position...maybe within the next 2 weeks to a month..is my best guess...probably the last time period to accumulate before a major move imo

monthly setting...the blue bollinger bands are easily visible with the lowest(bottom) indicator on the charts backing this up and also is telling.




weekly chart..also notice the blue line bollingers clearly closing up


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