Looks like there is still a little more upside left. I just wonder if they are going to pull back a little first or keep going higher?
With good ol' Benny talking this Wednesday (I think it's Wednesday?), the market could pullback a little in anticipation of bad news, and they actually rally on the better then expected news from him. Hard too say at this point…
I favor TNA, but leery of the divergences, and the 9 days in a row. Tends to move me to inaction. Or waiting to decide once I see where TNA opens tomorrow.
I've pretty much decided I don't want to own TNA tomorrow at any price under $44.23 — the primary pivot.
huh? entering USO short would be nice but????? I am already short as of yesterday
hello sundancer
are these line Mov. Av and a multiple of 8?
Sundancer, Thanks for the post
Looks like there is still a little more upside left. I just wonder if they are going to pull back a little first or keep going higher?
With good ol' Benny talking this Wednesday (I think it's Wednesday?), the market could pullback a little in anticipation of bad news, and they actually rally on the better then expected news from him. Hard too say at this point…
yesterday the blue line was 23.61, if it loses that it could be a deeper pull back into the purple and teal line to build some more energy
I'll post a chart for the USO shortly
$DJI- DIA Daily Chart
http://www.flickr.com/photos/47091634@N04/43821…
I think it will find support there at that light blue line on your chart, around 23.60… and then move higher. Do you have a chart for the USO?
Dollar Chart- UUP
http://www.flickr.com/photos/47091634@N04/43813…
it topped on friday to the penny @ the 560, given the brick wall above it, pull back to build momentum is probably in order
I favor TNA, but leery of the divergences, and the 9 days in a row. Tends to move me to inaction. Or waiting to decide once I see where TNA opens tomorrow.
I've pretty much decided I don't want to own TNA tomorrow at any price under $44.23 — the primary pivot.
So is it heads or tails.