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    « Overbought/Short | Main | Deeply Oversold »
    Tuesday
    Dec272011

    Bullish Cross

    DateTuesday, December 27, 2011 at 10:35AM

    On Friday the PI had a bullish cross which means the market forces are bullish at this point and the trend will be up for a few days.  The Project has the market rallying for the next couple of days and into the middle of January.  The blue arrows are the other crosses and the white are sell crosses. 

    This cross mixed with our VIX study and the market possibly breaking out of a its triangle is bullish. 

    AuthorPikertrader | CommentPost a Comment |
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