American Eagle Wednesday, page-2

Thanks for opening 48&34.

I wish more people would heed your openings plus hard work - and post accordingly instead of sticking to the now out-dated thread.

XJO flat today -0.03% and that final figure hides a big fat bear roaming around the market.



Just look at today’s candle.  A huge upper tail.  That’s a shooting star of intense magnitude.

And it happened right at overhead resistance.

You can’t ask for anything more emphatic than that.

MACD shows a big negative divergence. Other indicators are overbought.

Expect more downside.

Rb