Chart intended for swing holds.
Notes to Numbers on Chart
1. Bullish divergence in VXX as vxx makes a lower low but rsi and macd make higher lows.
2. Confirmation: VXX, MACD, and RSI all make higher lows.
Even a move to 29.00 would not necesarrily negate the structure, just more fully define it.
Click the chart to see it full size.
* 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".
No comments:
Post a Comment