Tuesday, August 09, 2011

Get That Magnifying Glass Out

Yesterday, the 13/34 EMAs signaled a trend change to "Bearish."  Our 15/40 EMAs is very close to a trend change to "Bearish."  But, since it is a "weekly" indicator, the 15-week EMA must be lower than the 40-week EMA on a Friday close. 


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