Check yesterdays post regarding Using the higher timespans then lower timespans to drill down analysis on price as it moves into a Support area....
The time I was analysisng yesterday is shown in the rectangle in this chart (click the chart to show a larger version).
Bizzarre but true same thing happened again last night...
A little less "clean" but again lower lows on price as it approached the support area, while higher lows on price were demonstrated on the MACD Moving averages after Histogram divergence.
Gotta Love it !
;)
XJO Value at posting: 137.50
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- wednesday - rinse and repeat?
wednesday - rinse and repeat?
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