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techcharter

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techcharter

Re: None

Thursday, 06/16/2005 8:32:20 PM

Thursday, June 16, 2005 8:32:20 PM

Post# of 51809
DJIA and SPX little ending diagonal.

The markets are ready to make a turn as indicated by the choppy advance the last 2 weeks.
Stochastics are near overbought without having dropped into deep oversold.
Bollinger bands are pinching close, indicating a BIG move is coming. Buy straddle options.
MACD has turned up, but ever so slowly. A bull trap buy signal.

The markets are converging to a turning point.


http://stockcharts.com/def/servlet/SC.web?c=$indu,uu[w,a]dacayyay[db][pb50!d20,2!f][vc60][iLp14,3,3!...
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