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Sunday, June 05, 2011

The Travels of the "Triple O" Gang...

The tale of the "Triple O" gang was born in my first post on May 6, 2011: http://strawberryblondesmarketsummary.blogspot.com/2011/05/is-it-beginning-of-end-or-end-of.html.

Since Mother's Day, some of the gang has chosen to take a short-short walk and they are now below the "mean" of a rising regression channel on their Weekly charts, as shown on the chartgrid of YM, ES, NQ & TF below. We'll see whether the rest of the gang has finished their vacation at Mom's and joins up to continue a walk in this direction or whether they'll reverse course to go for a short-long walk back to the "mean," and possibly resume their long-long walk above the "mean."


Once again my vacation and sun beckon...good luck to all in the upcoming week!