There also seems to be an inverse head & shoulders. These two LONG LEGGED DOJI days were predicted by true "cap" formulas where the market trades up then down during day-time trading. In view of the falling TSI, MACD & RED AWESOME OSCILLATOR ON THE DAILY TNA CHART, IT WAS ELECTED NOT TO BUY INTO THE RISING TNA PRICE IN THE MORNING. THIS WOULD HAVE BEEN FIGHTING THE IMPENDING FORMING DAILY DOWNTREND. INSTEAD, TZA WAS BOUGHT THEN SOLD IN THE SECOND HALF OF THE TRADING DAY ON THURSDAY & FRIDAY. THE INCREASE IN TNA VOLUME SUPPORTED THAT THE BIG BOYS WERE DRIVING UP THE PRICE IN THE MORNING IN ORDER TO DUMP TNA. TNA DAILY CCI DROPPED BELOW MINUS 100 SUPPORTING FURTHER DOWN MOVEMENT IN TNA PRICE. OF INTEREST, CAP FORMULAS WERE TRUE AGAIN ON FRIDAY (FOR MONDAY)...WILL SEE...
Saturday, December 13, 2014
TNA HAS TWO LONG LEGGED DOJIS
"INVESTOPEDIA EXPLAINS 'Long-Legged Doji'
Long-legged doji candles are deemed to be the most significant when they occur during a strong uptrend or downtrend. The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a shift in the direction of the trend may be coming."
There also seems to be an inverse head & shoulders. These two LONG LEGGED DOJI days were predicted by true "cap" formulas where the market trades up then down during day-time trading. In view of the falling TSI, MACD & RED AWESOME OSCILLATOR ON THE DAILY TNA CHART, IT WAS ELECTED NOT TO BUY INTO THE RISING TNA PRICE IN THE MORNING. THIS WOULD HAVE BEEN FIGHTING THE IMPENDING FORMING DAILY DOWNTREND. INSTEAD, TZA WAS BOUGHT THEN SOLD IN THE SECOND HALF OF THE TRADING DAY ON THURSDAY & FRIDAY. THE INCREASE IN TNA VOLUME SUPPORTED THAT THE BIG BOYS WERE DRIVING UP THE PRICE IN THE MORNING IN ORDER TO DUMP TNA. TNA DAILY CCI DROPPED BELOW MINUS 100 SUPPORTING FURTHER DOWN MOVEMENT IN TNA PRICE. OF INTEREST, CAP FORMULAS WERE TRUE AGAIN ON FRIDAY (FOR MONDAY)...WILL SEE...
There also seems to be an inverse head & shoulders. These two LONG LEGGED DOJI days were predicted by true "cap" formulas where the market trades up then down during day-time trading. In view of the falling TSI, MACD & RED AWESOME OSCILLATOR ON THE DAILY TNA CHART, IT WAS ELECTED NOT TO BUY INTO THE RISING TNA PRICE IN THE MORNING. THIS WOULD HAVE BEEN FIGHTING THE IMPENDING FORMING DAILY DOWNTREND. INSTEAD, TZA WAS BOUGHT THEN SOLD IN THE SECOND HALF OF THE TRADING DAY ON THURSDAY & FRIDAY. THE INCREASE IN TNA VOLUME SUPPORTED THAT THE BIG BOYS WERE DRIVING UP THE PRICE IN THE MORNING IN ORDER TO DUMP TNA. TNA DAILY CCI DROPPED BELOW MINUS 100 SUPPORTING FURTHER DOWN MOVEMENT IN TNA PRICE. OF INTEREST, CAP FORMULAS WERE TRUE AGAIN ON FRIDAY (FOR MONDAY)...WILL SEE...
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