Wednesday, March 30, 2011

Western Union (WU)

There's good confirmation in 3C showing WU has likely hit a top, I compared 3C with Worden's MoneyStream and got almost the exact same results.

 3C daily-note there was good confirmation of the uptrend, it only went negative at the recent top.

 More or less the same thing in MoneyStream's daily chart...

 3C 30 minute chart shows a failure at the highs in Feb. and at the subsequent retest.

 Same for MS 30 min.

 And 3C 15 minute showing the same failure at the retest...

Just like MS.

I don't have to post a daily chart showing relative strength against the market. Just look at the daily chart the last two days.

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