Tuesday, April 6, 2010

Don't Panc part 3!!!

Well it's getting very close to breaking the bearish divergence but has not yet. Take a look at the daily chart below and see that were almost reaching the last highs of the CCI and RSI.  ADX is mixed with a decrease in both +DI and -DI. MACD is still showing clear bearish divergence so I hold true to short position.

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