massive order taken out, page-9

Yes ur right Pocko

I was actually referring to the MACDs.
The yellow bars are headed towards the positive territory
I saw the dead cross but thought that given the money flow, MACD histograms and upstroke in RSI, in a few days the chart may show a golden cross
I understand that you cannot preempt such things, therefore im using them like a crystal ball only

Another that i missed that you highlighted well was the engulfing white candlestick and the close above the downstreding falling wedge which indicates strong reversal

I believe it is always safer to identify the bottom and pick the reversal and wait for the rise rather than waiting to trade the breakout which in this corrective market has a high chance of failure with people selling the breakout rather than buying into it

Also have a look at the CTP chart, i posted something there too Pocko. I would like your opinion on that too.