Replies to post #8492 on T/A ETF AND INDEX

[be]

farooq, not today, it won't go to 45.3 . Once trinq starts to rise and on a POSITIVE SLOPE , it often does not go back down to 0.35 or 0.4 as it was this morning .
There is a very slim chance that it may go back to test the morning high @ 44.75 unless ther are massive infusions of BUY Volumes ...(6-7 above 1-2 millions green (buy) Volume price bars on 5min VOL. chart )

[GLENO34]

farooq..I think we have a down move first..The 60 min chart is just too OB ..We need to reset..I would think a move back to the 60 min 20MA would be reasonable..