yep getting closer, though remember we've had it as an idea
since May 22nd, however the comments at the time were to look at
buying a pullback into support forming a RS.
The positive thing is that the MACD was over zero and now
turning up and Stochastics are NOT overbought, so it has room to
run if it wants to, we'll see.
SRS getting pretty close to
Posted by falcon5678 on 1st of Jun 2012 at 03:23 pm
SRS getting pretty close to breaking through to the upside, as per chart in last nights newsletter.
yep getting closer, though remember
Posted by matt on 1st of Jun 2012 at 03:38 pm
yep getting closer, though remember we've had it as an idea since May 22nd, however the comments at the time were to look at buying a pullback into support forming a RS.
The positive thing is that the MACD was over zero and now turning up and Stochastics are NOT overbought, so it has room to run if it wants to, we'll see.
thanks for the pick and the update
Posted by morton13 on 1st of Jun 2012 at 04:02 pm
that would make sense. $DJR
Posted by kalinm on 1st of Jun 2012 at 03:24 pm
that would make sense. $DJR is still quite far above its 200 day MA, while every other index in the world is now firmly below it.