Tuesday, June 29, 2010

A List of Reasons: Why The Market Will Keep Going Down


1. Weekly $NASI has been negative for 2 weeks.
2. Daily $NASI is negative.
3. Weekly TNA 3 Line Break has been negative since May 3rd (4 red lines).
4. Daily TNA 3 Line Break went negative today.
5. Weekly TNA Renko has been negative since May 3rd (2 red lines).
6. Daily TNA Renko went negative today.
7. TNA's Turning Line dipped below the Standard Line today on the Weekly Ichimoku Cloud chart.
8. TNA Has been trading below the Ichimoku Cloud on the daily chart since May 20th.
9. The daily TNA Ichimoku Cloud turned from green to red.
10. TNA Has been trading below the Ichimoku Cloud's Standard Line on the daily chart since May 6th.
11. Nine SAR bars above TNA price on the weekly chart, starting May 3rd.
12. Four SAR bars above TNA price on the daily chart.
13. Seven week TNA MA crossed below the 13 week MA on June 1st.
14. Seven day TNA MA crossed below the 13 day MA yesterday.
At least the Arcade Bus will be making Progress...

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