Wednesday, June 1, 2011

FAZ




FAZ is above 138 Day (~30 week) MA which suggests a possible Stage 2 entry. CCI >100 and Aroon green > Aroon red. EMA 3 > top envelope (top chart). FAZ is trading above the Ichi cloud with a positive Aroon oscillator and MACD Histogram. Elder bar is green. Blue MA line > red MA line (middle chart). HA looking better (green bar).

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