Thursday, October 17, 2013

50CB BREAKOUT AFTER TEMPORARY SETTLEMENT 10/17/13

Nice day to return from a trip. 

PA in a narrow pre open range and riding the LB and SB.  The 8:55 AM bear 50CB has limited follow through, and a buy signal hits above the Short BoT.

By B2 we have a 50CB BO at the Long BoT and PA crossing our averages.  DING!  BO-15 run.  By the afternoon were at the 50CB TL and the 20EMA support, yielding a second push by the bulls.


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