(Click charts to enlarge)
P/C, Weekly chart showing spike several months after a
10/20 ma crossover. Spike in 2006 came before the correction began...
(Note again this is a weekly chart therefore a significant decline COULD still be a few weeks away)
Thanks for visiting...
00K
The email address is provided only as a courtesy to those readers who want to express their comments...
EMAIL- hotspotcharting-ook@yahoo.com
Up,down or sideways? Review the charts for any clues that may help you with your own research. Thinking for yourself can be a pleasure and developing and applying strategic stock market research skills could give you the edge...
Friday, February 23, 2007
Thursday, February 22, 2007
HOT SPOT CHARTING...
(Click any chart to enlarge)
PHD, Giving it up with increasing volume...
Dow Jones Equity Reit Index.
Potential bear flag and MACD cross under...
MZZ, ProShares Ultra Short Mid Cap 400.
Potential reversal Doji.........
Good luck trading...
00K
The email address is provided only as a courtesy to those readers who want to express their comments...
EMAIL- hotspotcharting-ook@yahoo.com
PHD, Giving it up with increasing volume...
Dow Jones Equity Reit Index.
Potential bear flag and MACD cross under...
MZZ, ProShares Ultra Short Mid Cap 400.
Potential reversal Doji.........
Good luck trading...
00K
The email address is provided only as a courtesy to those readers who want to express their comments...
EMAIL- hotspotcharting-ook@yahoo.com
SOX, CANDLES & DECLINES...
Tuesday, February 20, 2007
HOT SPOT CHARTING...
(Click any chart to enlarge)
Nasdaq Composite,
Weekly updated chart continues to display topping pattern
simular to the one in March/April 2006...
If it continues to follow the path then we can expect upwards to mostly
sideways motion from here until support is broken decidedly.
However support can be busted at anytime so caution is warranted...
Nasdaq Tech Index,
Possible triple top in the making...
This is for my buddy in the Walnut Creek area...
If it breaks loose from the formation watch for a bounce
around $25.50 and a backtest of S/R before closing the gap.
Charts and comments are NEVER INTENDED AS ADVICE...
Thanks for visiting...
00K
The email address is provided only as a courtesy to those readers who want to express their comments...
EMAIL- hotspotcharting-ook@yahoo.com
Nasdaq Composite,
Weekly updated chart continues to display topping pattern
simular to the one in March/April 2006...
If it continues to follow the path then we can expect upwards to mostly
sideways motion from here until support is broken decidedly.
However support can be busted at anytime so caution is warranted...
Nasdaq Tech Index,
Possible triple top in the making...
This is for my buddy in the Walnut Creek area...
If it breaks loose from the formation watch for a bounce
around $25.50 and a backtest of S/R before closing the gap.
Charts and comments are NEVER INTENDED AS ADVICE...
Thanks for visiting...
00K
The email address is provided only as a courtesy to those readers who want to express their comments...
EMAIL- hotspotcharting-ook@yahoo.com
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