Dow Jones US Hotel Index:
The weekly chart is showing that this index is
at overhead resistance...
(The hotel stock charts below use a daily format)
Testing overhead resistance while showing
some negative divergence on the oscillator's...
Testing overhead resistance on declining volume...
Will FCH overcome its 50 & 200ma and keep the
uptrend channel intact?
Potential bear flag.
Note the recent distribution days...
Pennant. Watch which way it breaks...
Broke downwards from a raising wedge...
Mean reversion comes to mind...
Charts and comments are NEVER INTENDED AS ADVICE...
Have a great Halloween!
00K
EMAIL- hotspotcharting-ook@yahoo.com
