look at the adx and ppo. when they converge, it is a buy signal, when they diverge, it is a sell. they are converging.
also just looked at the 60/30 min stoch. and it has crossed up and going up further. short term. daily stochastics has turned up at 19 but no crossover yet. weekly- stochastics is at 9.51 but still going down so it could go down to zero on weekly. monthly stochastics (and this is my very favorite indicator is at 7.20) monthlies always tell the tale. very limited downside here.
in lookng at the 3 yrs chart, it looks like we are in a 3 down in waves. note the 3 last lows-- one in july 03, oct, 03, and feb., 03. we stopped at the feb o3 lows.
ta's is an art not a science so nothing is certain. but if we stop here and we should soon from the monthly stochastics, we will go up in 4 wave which will be about a 50% retracement.
pfe is on the outside bottom of bollinger bands and usually when that happens it pops up at least to the center and higher.rsi daily around 30ish.