many times on strong trend days like this, it will stay above
80% all day long or most of the day. Typically if it stays
above 80% all day long, it will fall below it the next day.
watch it this afternoon to see if it breaks before the day is
over
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5 MIN 60 period stochastics
Posted by airstream on 2nd of Aug 2010 at 02:34 pm
Matt is it unusual to see this sto in the high 90's for so long?
many times on strong trend
Posted by matt on 2nd of Aug 2010 at 02:41 pm
many times on strong trend days like this, it will stay above 80% all day long or most of the day. Typically if it stays above 80% all day long, it will fall below it the next day.
watch it this afternoon to see if it breaks before the day is over