:: actio-et-reactio ::
amg's market charts and blather
Chaikin is indicating good money flow and the Mojo oscillators are only mildly weak. The last wave extended to 1.618 (top red line, or see the daily chart on the HNY page, which is still up) where price peaked and fell to break the wedge. So far, the correction has managed to stay above 1172, a retrace sweetspot. While this 135m doesn't inspires an aggressive long, neither does it say shorting is in order. Patience.
|
moon phases |
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
blather: nonsensical talk.
At times my analysis log, at times sharing what I've learned. Always my own work and views.
Content: amg
Basis: glish & bluerobot
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