AI
Wednesday, July 17, 2013 1:10:31 PM
Updated 60 min chart:
The 60 min Phase 2 continues, the 60 min EMA 3 (red line) confirmed a crossing above the 60 min UTL at the close of the last hour, however the 60 min MACD still has not made a Bull crossing, however the gap is narrowing, so the 60 min will either get a Phase 1 in the next couple hours or the MACD will likely cross and the 60 min Phase 2 could end up extending.
The 60 min Phase 2 continues, the 60 min EMA 3 (red line) confirmed a crossing above the 60 min UTL at the close of the last hour, however the 60 min MACD still has not made a Bull crossing, however the gap is narrowing, so the 60 min will either get a Phase 1 in the next couple hours or the MACD will likely cross and the 60 min Phase 2 could end up extending.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."
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