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kiy

05/23/13 1:07 PM

#7215 RE: ziko #7213

okay...on the intraday charts even if CCI leads it is always nice to see momentum agree...Stochastices was doing a good job up to the 30 minute now 30 minute CCI is the leader...
All of this intraday movement is on the daily chart... you just can't see...but its inside of the daily Hi/Lo range...intraday= the closer you can get to 30 and 60 minute timeframes the better handle you have on potential changes on the daily...like if daily is at centerlin and 60 minute is failing at centerline...that weakness will eventually print on daily chart unless the Bulls step it up...and in that case they will turn 60 minute back UP...
But ...no daily down does not have to win...psychology above 1650 can become very bullish fast...above 1669 you can bet there is change in the daily chart and a little follow through will draw in more bulls...