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6-5-12 Tuesday Max

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6-5-12 Tuesday Max Empty 6-5-12 Tuesday Max

Post  emmerfx Mon Jun 04, 2012 10:14 pm

Tues 6/5/2012:
E/J

Monthly candle is out of balance with LR to the upside (with gold up consolidation).
Daily candle opened just below Smooth, with pressure up maybe approaching EMA.
Daily Gold cross/purplewhite cross imminent


Resistances:

Daily Purple: 97.36
Daily Smooth: 98.45
1H 200 Simple
2H 100 Simple

Supports:
Daily lower BB: 96.04
Weekly lower BB: 95.30
1H TI
1H Romar
2H Romar

Triple synced up this morning with market going thru 1H simple and 2H Romar.

1) TI's are synced up with DMI. Long on retrace to 1H Romar/Simple or resyncing for the up.
2) Short 2H Simple if there is a sync for down or signs after 1H TI/EMA cross

Edit:

7:10 am
1h and 2h gold synced down now. 1h TI cross with LR, EMA to follow which will leave door open for shorts. DMIs now synced for down.

1h Romar above Simple but EMA and TI cross would bring indicators back into sequence.

2h TI not crossed with LR yet. Market sitting at lower BB flat bands and daily Gold support.

emmerfx

Posts : 8
Join date : 2012-06-04

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