I'll add more details later, but thought this was interesting. Of course, now the 20 MA is below the 50 MA (less bullish than December).
But note the similar candle patterns. Also the topping tails in the last few days, although today was a bullish green bar without a tail).
chart suggests that possibly 3-4 days after breakout (blue shade), a pullback comes (yellow),,,,recent topping tail daily candles bearish, tho the futures are UP now
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Thursday, March 4, 2010
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