Saturday, April 13, 2013

Fibonacci Minutes 1-610

 Clear overextension beginning to rear its head on the long interval Time charts. The 377 minute shows a roll over of the Ergodic Oscillator (EO). Price is clearly under the one through five minute interval Double Moving Averages (DMA), with Double Stochastics (STO) and (EO) confirming. Price closed right on the DMA on teh Intermediate interval Time charts, but the EO has breached the zero line.

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