Replies to post #15564 on Rock Ridge Resources, Inc. (RRRI)

[Irgitupp]

like I said:

Adx is a just a bit negative.....

Why do you use ADX (8) ?
What I looked at was this:
-ADX(14)24.48 +DI 12.35 -DI 18.67 that is not so much selling pressure is it?

And:
-AROON (25) up 96 and down 28

That does not look so much selling pressure to me, based on:
1. this was for one day and all of it happened in the start of the day!
2. ADX just crossed a little bit, can easily turn back tomorrow
3. this large star on the candle means undesision between what can possibly happen in the next two days. As the price turned up a bit in the end of the day.

I do not rely only on the charting you know! I read all the trading in the day. Because of what happened in the opening your chart looks a bit false to me. The large sum in the opening. I somewhere did learn to add in the lines if something like this happens.
And because of it I made -ADX longer! not (8)

This does not look like selling pressure to me.