EPT Chart Discussion, page-281

A great day technically for EPT. We had our second green day which along with all the other bullish indicators mentioned in this thread is another sign we should continue to see green short term.

Some positives:

1. We closed higher then our open
2. We have climbed back inside the Bolinger Bands
3. No auction selling
4. Volume is drying up.
5. Still oversold
6. Seconds green day indicating a reversal

We haven't hit our pivot point and resistance at 0.03. If you are on the sidelines and still not sure if now is a good time to buy, wait until we close above 0.03 and jump in with confidence.

Friday is usually a sell day but the buyers are now in control again and a nice way to close off a hard week.