weekend charting 26/27 february, page-37

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    BRM

    Like this one

    Dailies first
    Chart broken from the descending triangle in which it has been consolidating for a few months.
    SP now back above 45dma
    BRM Daily WE chart


    Daily MACD recently became positive.
    ST MMAS never really broke the LTMMAs and are now moving away from them
    BRM Daily MMA



    Weekly MMAs really tell the story. Yes there has been a little sell off. HOWEVER the traders depicted by the white STMMAs havent been that convicted in the selling or there isnt enough of them, that is made evident by the fact that on the weekly they have not bothered to test support of the LT MMAs in Yellow. All go from here one would think

    and goodnight


    BRM Weekly MMA
 
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