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BonelessCat

04/26/12 3:22 PM

#59465 RE: dougwur #59464

Need to close above the median inside the the long channel. The current spread and support is already below the lower boundary of the 6 day weak channel formed from recent trading. So, short-term trend broke down today and the close needs to stay above the rising daily bottom tails. Ideally, the close should be above .62 so it remains inside that short-term rising channel and the median.

Candlestick wise, the chart had been ugly and now re-continues ugly.

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TheBunny

04/27/12 1:19 AM

#59472 RE: dougwur #59464

dougwur, but Doc. said we would have a late spring rally. No ?