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northam43

11/16/10 2:11 PM

#688 RE: NASARAVI #687

NASARAVI - No the weekly is still in Phase II.

As for advanced warning mechanism's, watch the EMA 3/8.

The EMA 3/8 on the Daily made a bearish cross on the 12th, also the Daily MACD(12,26,9) made a bearish cross.

The Weekly EMA 3/8 has not made a crossing yet. The gap there is 11.66 pts.

Also the weekly MACD has not crossed.

So it's looking right now that the Daily Phase I is going to last longer than I anticipated.