Hal32, based on daily trend of IGTN the Golden Cross just occurred. Thus the suprise of the current decline. However, it is still early and a couple days don't make or break a stock.
because the charts don't predict the extreme changes in human trading behavior. The reflect patterns in it. There was a definite SNAFU that turned the folks sour and the chart reflected that after the fact...But on a daily basis which is more important I say, it shows the definite Golden Cross and with an "oversold" situation most likely being corrected. Definitely if the books come out next week...JMHO
If you go and pull the IGTN chart up on this site www.askresearch.com you will see the golden cross did not happen. I tend to beleive that.I really do like the charts you can create at this site.I don't understand why it would be differant from site to site.but the way igtn traded I tend to beleive this one.