Potential trend reversal on DOW. Upside: Upside TSC (UB 9203, LB 9071), Closed at Diff R/L, Long Downside Tail. Downside: W% near extreme, Upside sparrow W%, Change in ROC, Peak Theory, SHP on long Up trend. Watch DOW if it trades above 9207 (Diff R/L) or below 9083 (SC).
Signs of profit taking on NK. Upside: Upside TSC (UB 10205, LB 9945), Closed above Diff R/L, Postive ROC. Downside: W% near extreme, Upside sparrow W%, Long Upside Tail, SHP formation on Long Up Trend. Watch NK if it trades above 10155 (SC) or below 10065 (BC).
Strong Buying interest on HK. Upside: Upside TSC (UB 20938, LB 20389), Upside croc maiden crossing W%, Closed above Diff R/L, Long upside bar, Positive ROC, Failed Peak Theory. Downside: W% near extreme. Watch HK if it trades above 20389.
Strong Buying interest on STI. Upside: Upside TSC (UB 2677, LB 2609), , Closed above Diff R/L, Long upside bar, Positive ROC, Failed Peak Theory. Downside: W% near extreme, Upside sparrow W%. Watch STI if it trades above 2609.
CK
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