Amfibi Directory

Thursday, March 30, 2006

Trying to Recover from a Death Cross : Part 2 !


As I Expected AAPL was due

for a Big Bounce.



Some Important Observations in

The Multi Cross Trading System :



1) a Black OPEN Candle :



Close > Open



and that was 10 days

in a row Different : we had

Black Closed Candles

where the Close was lower then the Open
.


===== >Do You see the difference ?





2) This Big Open Candle is a
Channel Change
Candle :

AAPL traded out of a relatively small

Channel into a New BIG Channel

Some more fireworks can be expected !

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