MURICO.com Forum

Re: Hello Spike, *PIC*
In Response To: Re: Hello Spike, ()

If this closes above the projected breakout, you will likely see another push up for tomorrow.

Looking at the Timing table, the turning points are the top line in the arrays. There is a turn on the 27th but there is no directional change...also looking at the turning points there is no isolated high, you have 3 days with 42 models lining up as the high aggregate.

Doesn't look like a strong turn, these holidays tend to make it hard to figure out which direction.

If this high holds then you should have a bearish reversal located in the 85 area, you would want to close under that if you are short. The next major bullish reversal is located at 88.90 where you would put your stop above on a daily closing basis.

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