Candle Scans for 20080808




Today's market direction and play.

Short Term Trend	Bullish
Moving Average	10MA is currently ABOVE 30MA
Williams %R	Overbought
Action Plan	Stay sideline and wait for a better market timing for today

(For more detail on market timing, please visit here)

Bullish Patterns
bullish_engulfing (2)	morning_star (2)	piercing_line (0)	bullish_kicking (0)	hammer (0)	all_bullish_taz (2)	bullish_nr7 (2)	bullish_r2 (4)	fail_to_drop (0)

(Click here to view all Bullish Patterns' Chart)

Bearish Patterns
bearish_engulfing (0)	evening_star (1)	dark_cloud_cover (0)	bearish_kicking (0)	shooting_star (3)	all_bearish_taz (51)	bearish_nr7 (4)	bearish_r2 (51)	fail_to_climb (22)

(Click here to view all Bearish Patterns' Chart)








(To learn more about Candle Chart Patterns, please visit http://www.candlesticker.com.)

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