Wednesday, February 27, 2008

Sell Signal (Vise Versa)




Price below the 1hr 100sma


Price below the Daily 5sma


Price below the session Daily pivot


Price below the two Levels Stop Reverse Indicator lines


QQE5 crossed down & crossed the 50 line upwards


QQE60 crossed down


NOTE: QQE60 has to cross downwards while the price is below the 1hr 100sma and Daily 5sma. If the QQE60 cross downwards for a sell signal from ABOVE the Daily 5sma or 1hr 100sma I don't take that signal.