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Taiwan Index

Started by setravis, February 14, 2011, 11:59:46 AM

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setravis

Taiwan Index...

The Dow Jones Taiwan Index also shows a trendline break and bearish divergence on Twiggs Money Flow (13-week), warning of a correction to support at 196.

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Taiwan Index...
The Dow Jones Taiwan Index rallied off support at 205, but bearish divergence on Twiggs Money Flow (13-week) continues to warn of a correction. A lower peak would confirm.

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Taiwan Index...
The Dow Jones Taiwan Index recovered above support at 205, but bearish divergence on Twiggs Money Flow (13-week) continues to warn of a correction. Reversal below 205 would confirm.

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Taiwan Index...
The Dow Jones Taiwan Index continues to test support at 205, while bearish divergence on Twiggs Money Flow (13-week) continues to warn of selling pressure. Failure of support would signal a correction.

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Taiwan...
The Dow Jones Taiwan Index is weaker, respecting resistance at 205. Declining 13-week Twiggs Money Flow indicates mild selling pressure. Failure of support at 196 would warn of another down-swing.



"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis