In the above charts the blue line is the 10 minute last price of the DIA. The top chart shows a trend indicator that goes positive when the trend changes to up and negative when the trend changes to down. The lower chart depicts two oscillator that cross when the trend changes. The long term daily T has expired and there is a short term T that expires on Monday November 16, 2009 at 1:40 PM.. I hesitate to get in too early, but I put on part of a position at 12:25 at 102.63 with a close stop.
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1 comment:
interesting stuff. i am playing the long side but like the analysis
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