Paranoid - Friday, page-2

Thanks Jako64

Thread getting a might lively, but a dropping XJO will do that.

@redbacka - enjoy your posts, and on the odd occasion that I have written a longer post, I have learnt the amount of energy and sheer time it takes to verbalise an analysis.

Yearly Highs and Lows
Trend still down. Not really exceeding the range of the last few days. While hitting the floor of that range, it certainly hasn't set new lows on a larger than usual down day in the index value.

Candles.
Meh. Big red candle. Stricly speaking a bearish engulfing, but I think that there is more significance of late in the fact that down days have more volume and range than up days.

RSI
Still OS. Still looks like it's trending rather than oscillating.




@Trees I was impressed by Melanie - thank you.

Circus. Apocalypse. Lies. Vermillion (red). It all seems to fit.




MFx