a quick look at the XJO 5 hour technicals.......
Technical IndicatorsTime: 11.03.12 22:24 GMT
Name Value Action
RSI(14) 53.849 Neutral
STOCH(9,6) 77.930 Buy
STOCHRSI(14) 90.931 Overbought
MACD(12,26) -3.126 Sell
ADX(14) 37.540 Buy
Williams %R -11.458 Overbought
CCI(14) 106.8764 Buy
ATR(14) 22.6357 Less Volatility
Highs/Lows(14) 24.5786 Buy
Ultimate Oscillator 56.668 Buy
ROC 1.370 Buy
Bull/Bear Power(13) 32.1980 Buy
Buy: 7 Sell: 1 Neutral: 3 Indicators Summary: STRONG BUY
as I said....not a great fan of lagging indicators....
however the 5 hourly's are suggesting a STRONG BUY
sck
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