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Old 07-24-2008, 10:23 PM
mytwopips mytwopips is offline
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Join Date: Mar 2008
Location: Huntsville, TX.
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Quote:
Originally Posted by Andrewunknown View Post
Still bullish, but some mixed: on the 3H, price is above the cloud, but has crossed below Kijun Sen (weakly bearish); Tenkan Sen has also top down crossed Kijun (weakly bearish). The kumo here is angled steeply upward (from last week's move from 208-214) and is very thick, which provides a good support field. Chikou Span is even with price 26 periods (78 hours) ago (neutral). On the daily, there is also a mixed bullish reading. The guidance offered up by the chart then is that anything more than a deftly handled day traded short would be ill-advised.
Thanks Andrew. I will deftly keep an eye on my margin and not get TMTH.
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