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Friday, March 26, 2010

MO(e).... MO(e).... MO(e).....

I think I am turning into Homer obsessing on Moe, but I am obsessing on MO, the McClellan Oscillator.

Check out my previous posts: Bearish? Hell Yeah! ... But Is This The "Top"?, Mr. Plow, Rhizome and Tubers. The trigger MAs have definitively turned down and crossed and the trend MA is flattening. This pig is turning for at least a Minor Degree Wave down.

This reaction today looks like nothing more than a broken wedge line retest.

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