Wednesday, October 19, 2005 2:13:21 PM
TIV continues to be indecisive
The hourly chart shows clearly the recent Magic Box/Fairy Square setup with other confirming indicators indicating the short term ~$6 to $8 play. The double top around the open on 10/18, along with W%R, ChiOsc and +DI all failing continuation, indicated the sell.
A similar setup may be occurring, awaiting W%R confirmation before watching more closely.
JMHO
jonesie
The hourly chart shows clearly the recent Magic Box/Fairy Square setup with other confirming indicators indicating the short term ~$6 to $8 play. The double top around the open on 10/18, along with W%R, ChiOsc and +DI all failing continuation, indicated the sell.
A similar setup may be occurring, awaiting W%R confirmation before watching more closely.
JMHO
jonesie
Yorkville / Cornell Tracking Board #board-9964
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