Saturday, September 17, 2011

Daily TNA Heikin Ashi


The Daily TNA HA chart for the last few months demonstrates two TNA upswings (green rectangles) with CCIs >100 and positive HA Diffs. Only the first upswing had trend confirmation by RSQR > 0.5. The middle white rectangle is the market drop associated with long red TNA HA bars. RSQR again trended up over 0.5. The market downtrend was confirmed as lost when the RSQR dropped under 0.5 (yellow arrow). RSQR is currently 0.17955 and CCI is 46.114 (no confirmed TNA uptrend on the daily chart).

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