3309 Drysdale Ct
Edwardsville, IL 62025
Took a quick short at the backtest of the ending diagonal... lets see.
The 30min chart I have just doesn't look good. We have the 8/21 MAs crossing down , 60,3 stoch, 89,3 stoch aswell crossing below the 80 marker
Also, 144,3 also is about to cross down through its 80 marker
Just standing back and looking at the chart, it looks like pressure will be to the downside
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spx15, still a broadening formation(megaphone in red) that could play out.
Posted by kobie on 22nd of Feb 2011 at 10:24 am
Took a quick short at the backtest of the ending diagonal... lets see.
The 30min chart I have
Posted by vimal on 22nd of Feb 2011 at 10:26 am
The 30min chart I have just doesn't look good. We have the 8/21 MAs crossing down , 60,3 stoch, 89,3 stoch aswell crossing below the 80 marker
Also, 144,3 also is about to cross down through its 80 marker
Just standing back and looking at the chart, it looks like pressure will be to the downside