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Re: None

Wednesday, 11/17/2010 11:35:03 AM

Wednesday, November 17, 2010 11:35:03 AM

Post# of 55137
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend formula for chart analysis, OWVI scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):


-10 Last Hour Close Below 5 hour Moving Average
-15 New 3 Day Low on Thursday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, Week Ending November 13th
-30 New 3 Month Low in November

-100 Total Score