pivots and technical analysis thougths

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#1 Thu, Jun 16, 2011 - 7:01am
NYCtrader212
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New York, NY
Joined: Jun 14, 2011
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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: NYCtrader212 on Nov 8, 2014 - 5:09am
Thu, Jun 16, 2011 - 7:03am
NYCtrader212
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New York, NY
Joined: Jun 14, 2011
5
6

and +2/-2 for bands it looks

and

-CFA for show, CMT for dough-