Friday, October 30, 2009
DIA 10 min close October 30, 2009 with Derivitive Oscillators
Is it time to draw a center-post? How oversold is this market? The Trend Oscillator below the T chart shows no indication of a trend reversal at this time. If anyone initiated a short position into yesterday's rally, the trend oscillators indicate you should hold the short for now. We cannot draw a new center-post until the cash buildup phase is completed.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment