-- Consolidation has support// 3-6-9-12 bars with a jump up or down.
-- Increasing CCI
-- look for Strength versus Weakness
-- A Strong Consolidation will have a rising % DS
-- Thus, a Strong Consolidation, with rising %DS, results in a move, which we saw AMZN jump .20+cents
-- High is at resistance, it will keep dropping, %DS below 80, consolidation is failing in its move UPWARDS. Therefore, we consider shorting the move
-- If %DS is… Continue
Posted on April 13, 2010 at 10:30am