On 1/26/05, my system generated a buy signal. Yesterday's follow through strengthens the signal. now we are at a critical juncture as far as momentum is concerned. In the above chart, notice the CCI is trying to do a crossover and so is my customized version of MACD indicator. If we see a sizeable selloff on Monday, both the indicators can encounter a backkiss, which will generate secondary sell signals. I am not saying that will happen, but something to keep an eye on this Monday. The Daily trend is bullish and i will go with the flow, for now.
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