20 Day, 2 hour - Oct. 12 - Breakout above the 107 resistance line with less than exuberant follow through. The next step is to confirm or deny a new upswing in the market. The breakout at this point is somewhat like a "fish out of water." The new move needs to establish support to go forward.
2 Day, 15 min. - Oct. 12 - The Gap Up was followed by a sideways day that fell off in the afternoon. Volume was light and the market lacked gusto to the upside.
3 Month, Daily - Oct. 12 - Bullish Channel Trend with RSI & CCI giving significant trade signals.
1 Year, 2 hour - Oct. 12 - Long term trend remains Bullish. Short term trades should not be make without having the bigger picture in mind.
20 Day, 2 hour - Oct. 12 - Breakout above the 107 resistance line with less than exuberant follow through. The next step is to confirm or deny a new upswing in the market. The breakout at this point is somewhat like a "fish out of water." The new move needs to establish support to go forward.
2 Day, 15 min. - Oct. 12 - The Gap Up was followed by a sideways day that fell off in the afternoon. Volume was light and the market lacked gusto to the upside.
3 Month, Daily - Oct. 12 - Bullish Channel Trend with RSI & CCI giving significant trade signals.
1 Year, 2 hour - Oct. 12 - Long term trend remains Bullish. Short term trades should not be make without having the bigger picture in mind.
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