Posted On: 04/17/2014 10:48:02 AM
Post# of 56323
Look for FITX close above .0814 today to signal a breakout however today's movement is sector wide and IMO demonstrates MM actions driving the market rather than any single company activity sector wide. Also MACD on Daily chart still does not yet crossover 9 trigger so look for heavy shorting probably later today. If Bulls buying results in MACD trigger crossover this week then uptrend will be confirmed. Otherwise this is MM's building up for heavy shorting.
(0)
(0)
Scroll down for more posts ▼