Wednesday, November 30, 2011

First sign of trouble?

Well it wouldn't be the first as the earlier update showed, but now that we have had more time for 3C to move and it hasn't, I found this interesting and will follow up, but I wanted to get this out quickly.

 As you can see the fastest moving chart, the 1 min which should be able to confirm the move up almost immediately, has not moved up past Monday or Tuesday and in fact is moving down, this is the proper scaling.

To show you the intraday relevance of this move, I have zoomed in super tight, this is NOT confirmation, we are far from that, this is to demonstrate the intraday 3C 1 min trend. It not only went negative at the top, but is now leading lower then yesterday's close.

More coming...



No comments: