June 23, 2009

06/23/2009 intraday update

4:17pm

it’s indeed a doji pattern, indecisive and can be either way.  no break out 200ma intraday.  MACD hist has a lower low, means price will follow.

 

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2:13pm

I don’t have much to update.  it’s really post-MDD behavior, doji is still likely

 

1:01pm

we may revisit 915-920 region in the coming days.  don’t be panic if that happens.  actually that’s the best entry of short position…

 

11:40am

it’s likely to close a doji after MDD day, watch out.

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