EdO'Donnell

EdO'Donnell

Looks like the selloff in IG may have exhausted itself. Could change direction.

EdO'Donnell

4 hour Heiken Ashi chart. Long symmetrical triangle since December broke upwards on Monday 3/16, but watching for a downward break back through the triangle.

EdO'Donnell

Watch for the break below 61.5. Oink Oink.

EdO'Donnell

This has tried to break out over the last few days and so far has failed to confirm. Has been basing since May of last year, and is reaching towards top of pattern-- maybe some general market strength will push it over.

EdO'Donnell

There was a negative MACD crossover yesterday, Tuesday 3/9, and a close below the 20SMA today. Bollinger Bands are tight, so perhaps a band ride to the downside is coming.