Thursday, August 14, 2014

8/14/14 - EOD Update

The bulls closed it over the 20 day but just under the 50 day. Daily MACD is about to cross up.

Hopefully we'll get some clarity as to the very near term direction. That rising wedge is still containing price so anything goes. I favor a break out over the 50 day tomorrow, however, am prepared if it is rejected.

5 Min 

Daily BB

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