Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Friday, March 11, 2011
IFN India ETF Weekly Chart
IFN India ETF weekly chart clearly shows the lower lows and lower highs now occurring. Price is under both the 20 and 50 week MA's. The chart is strying to smooth itself out sideways but it may not achieve that result until it slides along in the 25 to 29 channel. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.