Monday, January 6, 2014

1/6/14 - EOD Update

I don't like the squiggle count for the bears, however, we have to respect the daily MACD bear cross that is threatening to cross down along with -ve divergence.

For the bulls, I see a count that would justify a zigzag down but will wait to post it until price breaks out of the descending channel.

1 Min 

5 Min 

Daily