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madtig6

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madtig6

Re: None

Tuesday, 07/12/2011 11:48:59 AM

Tuesday, July 12, 2011 11:48:59 AM

Post# of 59551
What the candle signals are saying.......

Don't know that anybody is here today but I'll post amyway.

Friday was a doji. Monday was a spinning top.

Both of these say " market is undecided"

Today ( so far) an attempt to break out of the downtrend ( red) line has been made, but ( so far) has failed to accomplish it.

.08 is very strong support, so if it breaks -- as the Grateful Dead put it:

Trouble ahead
Trouble behind
and you know that notion
just crossed my mind

http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=4&dy=0&id=p73751557029&a=228499894

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