Wednesday, June 10, 2009

I Ain't Believing This. Your Bones Gotta be Loaded!

Sooner or Later One of Us Will Lose. Just don't go pull any tricks on me.
5D, 15m. - June 10 - Another "Carbon Copy" day with Gap and Fade followed by late day rally. Last five days have been sideways on balance. The situation calls for patience.
30 Day, 2 Hour - June 10 - Bullish Channel persists but all of June has been sideways. MACD declining.
3 Month, Daily - June 10 - Bullish Channel Trend continues. The Bulls and Bears are in intense competition trying to prove their point on Up vs. Down. The Momentum remains Up while a lot of technicals suggest it is time for a pull back. So far the Bulls always seem to rally to preserve their case and protect their territory.