Market Breadth Data******************************

Wednesday, August 06, 2014

$BID at Critical Juncture

BID is at a critical juncture: right below key resistance, but holding above the 1 x 1 angle (which is a sign of strength), and in the process of breaking out from the down-sloping channel.
With support/resistance levels so close by, and a conference call on Friday, August 8th, the next few days should shed additional light on the state of liquidity in the market:


at

Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.