Yeah, but on the other hand this EXTREMELY low volume means there aren’t anymore buyers up at this level and no one has hit the sell button yet. All that is needed for a nice move down is some panic from some news related item and then you’d see a nice drop happen.
Tough call here on the market gang. The volume is so light that they could easily rip this higher tomorrow even though the charts are just now rolling over and becoming bearish. So while we have a bear flag on the charts it could easily be manipulated with the light volume we are currently having.
On the bullish side the market is riding the 10, 20, 50 EMA with no signs of breaking them. So until it does we can expect the bulls to remain in control. Today’s bear flag could play out or be negated and the rally continues. I just don’t know either way.
The penny stock we alerted our newsletter members to is up today almost 400% from yesterday. Anyone buying today at the open could have easily doubled (or tripled) their money. For those not on the list and just want to know more just go look at the chart of INOH (http://inovationsholdings.com) and see for yourself.
My partner and I are passing on many other hot picks we get alerted to as most don’t preform as well as others forecast. We only want to alert people to the best of the best picks so everyone will have a great chance to make money. This was one of those picks. Here’s the chart I sent out this morning….
For those the play the penny stocks there’s a new pick coming out this morning around 9:20am and it looks to be a really hot one. Be sure to check your email for the update.
Yeah, but on the other hand this EXTREMELY low volume means there aren’t anymore buyers up at this level and no one has hit the sell button yet. All that is needed for a nice move down is some panic from some news related item and then you’d see a nice drop happen.
i agree RDL.-feels like we are not going very far either direction at the moment. no engine,no sail and no wind.- hopefully that will change soon.
Tough call here on the market gang. The volume is so light that they could easily rip this higher tomorrow even though the charts are just now rolling over and becoming bearish. So while we have a bear flag on the charts it could easily be manipulated with the light volume we are currently having.
On the bullish side the market is riding the 10, 20, 50 EMA with no signs of breaking them. So until it does we can expect the bulls to remain in control. Today’s bear flag could play out or be negated and the rally continues. I just don’t know either way.
S&P500 Futures Chart Update: http://screencast.com/t/wyctRjAzegmx
INOH Chart: http://screencast.com/t/oY9puTZT7zh
The penny stock we alerted our newsletter members to is up today almost 400% from yesterday. Anyone buying today at the open could have easily doubled (or tripled) their money. For those not on the list and just want to know more just go look at the chart of INOH (http://inovationsholdings.com) and see for yourself.
My partner and I are passing on many other hot picks we get alerted to as most don’t preform as well as others forecast. We only want to alert people to the best of the best picks so everyone will have a great chance to make money. This was one of those picks. Here’s the chart I sent out this morning….
http://reddragonleo.com/wp-content/uploads/2014-06-10_0848.jpg
I hope some of you got in on the penny pick sent out as it’s up 250% this morning!
APPLE Chart analysis: http://niftychartsandpatterns.blogspot.in/2014/06/apple-analysis-after-stock-split.html
For those the play the penny stocks there’s a new pick coming out this morning around 9:20am and it looks to be a really hot one. Be sure to check your email for the update.
Silver chart analysis: http://niftychartsandpatterns.blogspot.in/2014/06/silver-chart-update.html