Tuesday, September 15, 2009

I Can't Believe This Myself!

We Bulls Have Our Tongues Hanging Out Real Big!
2 Day, 15 min. - Sep. 15 - Note RSI, CCI, & Double Bottom convergence that allows for market entry when other factors are bullish. The Black Numbers are the Net ADs (Up ADs minus Down ADs).
20 Day, 60 min. - Sep. 15 - Bull Channel is dominate. Oscillation noted in pattern. Market trading in the upper aspect of the Acceleration Channel. Always keep a longer range trend in mind when trading short term. Swimming against the current can use up your energy as well as your money.
3 Month, Daily - Sep. 15 - On this longer range chart the RSI, CCI relationship is still apparent. Until proven otherwise this looks like a very promising "Trade Trigger". Comments on this are welcome.
1 Year, Weekly - Sep. 15 - Bullish Trend noted. Again the RSI, CCI, Double Bottom convergence for entry is a very interesting phenomenon.