pivots and technical analysis thougths

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NYCtrader212
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pivots and technical analysis thougths

pp:  35.60

daily pivot high:  36.39

daily pivot low:  35.23

daily upper pivot:  36.97

daily lower pivot:  34.65

Quick thoughts on chart:

-my analysis on chart

Although daily RSI (14) held 40 yesterday which was impressive, I see the possibility of bear flag formation forming. Given the trading range it's been in I'm not as confident in the pattern but just something to keep in mind.  I have no positions on so coming from non-biased trader at this point.  Combining bollinger bands (using 20sma and

Edited by admin on 11/08/2014 - 06:09

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NYCtrader212
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Joined: 06/14/2011
Hat Tips: 6
Posts: 5
and +2/-2 for bands it looks

and

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-CFA for show, CMT for dough-

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