Friday, April 22, 2005 4:16:23 PM
Here is a chart after closing today.
The bad news is now the 100ma is being tested as the 75ma was clearly broken in moderate volume. ADX is still showing bearish territory. The ATR still isn't hitting bottom as compared to the last consolidation in late March.
The only good news I see on the chart is that the Ultimate Oscillator is now turning up.
Doc
The bad news is now the 100ma is being tested as the 75ma was clearly broken in moderate volume. ADX is still showing bearish territory. The ATR still isn't hitting bottom as compared to the last consolidation in late March.
The only good news I see on the chart is that the Ultimate Oscillator is now turning up.
Doc
~John~
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