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Friday, October 22, 2010

10/22 10:50

The probability for the 90-minute M/A to reverse is 20% on the average.  The flash point for reversal is close by at 77.22 90-minute close.  On a daily basis I use the following for confirmations.  The hourly channel shows support right here.

The daily channel shows DX ready to re-enter the channel with resistance at 80.50.
at

1 comment:

  1. pimaCanyonOctober 22, 2010 at 8:50 AM

    thanks, Steve, for these posts re DX and its reversal potential.

    Now let's see DX get inside that band on the daily and head for 80!

    ReplyDelete