All TA done on a 2 year weekly log chart ADX-
Post# of 205
ADX- + at 22 and - at 18. The lines just flipped to + on top with the volume in may. That flip is the first reversal in 2 years. Furthermore the lines have separated an additional 50% from the highs in may. This all is indicative of a trend change.-bullish
Aroon (20)- high line at 70 low line at 60. Both lines are falling in parallel. -Neither bullish or bearish
Bolli's- near the top bolli, which at the weekly timeframe has not yet began to tighten. Neither bullish or bearish.
CMF- +.03...the weekly high was in may and CMF has been positive since January 22, the lowest CMF in that timeframe was last week @ -.01....the price could not break .0005 during that time. No direction ascertainable.
EMA's (4,10,20)- The 4 crossed the 10 and 20 in may and the 10 just crossed the 20 this week. Much like the golden cross on the daily with 50 and 100 this is very bullish.
CMO (15)- bottomed out 3 times in the past year...each at -42.86...the 2 year high is 14.29 in may and we currently sit at 12.5....we have positive momentum.- bullish
MFI (4)- crossed +80 in may and has not dipped below....on a monthly basis money flowing in more than out....neither bullish or bearish
PSAR(.02)- we are on top, which is bullish, but on the daily we are underneath and about to touch/flip, which would continue the upward trend on the weekly.
RSI- 45, room to run...neither overbought or oversold....there has been a slight curl upwards the past 2 weeks
Stoch's - SF - K line separating from D line upwards at the same time SS is curling upwards- bullish