Wednesday, June 16, 2010

NNVC

I sent this out to my subscribers yesterday, here it is with updated charts:

A couple of encouraging NNVC charts.  First, the 480 minute which is LONG.  This is an excellent proxy for the Daily chart, a little more sensitive and usually a precursor for the Daily Model flipping. Second, the Daily chart, which although still bearish, when looked at with the 480 minute chart, can be considered very much in Pending BUY mode.



And one more that I have been watching, for traders only, the NNVC Hourly Model:



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