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its a bit premature but hey, Im pumped.I wanted to show this...

  1. 139 Posts.
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    its a bit premature but hey, Im pumped.

    https://hotcopper.com.au/data/attachments/2574/2574802-697fd21ef4ae48e6edf6b0885475b43c.jpg

    I wanted to show this mornings start to trading joined to yesterdays trend I drew. We just saw a MACD cross, and the RSI crossed back above the 30 mark twice in a row. These two things represent a buy signal IMO. If we see support continue at these levels and some gradual buy momentum throughout the day we may continue to trade within this trend. I want to look at the VWAP as the day goes, I would say that if we see a VWAP anywhere near yesterdays (8c or above) and continue trading within this trend, that is a great sign of strength following this mornings profit taking
 
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