Candle Scans for 20090504




Today's market direction and play.

Moving Average	10/30/50MA showing that market is currently trending UP.
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 (1)	morning_star (1)	piercing_line (0)	bullish_kicking (2)	hammer (10)	all_bullish_taz (42)	bullish_nr7 (13)	bullish_r2 (25)	fail_to_drop (4)	recent_gap_up (359)

(Click here to view all Bullish Patterns' Chart)

Bearish Patterns
bearish_engulfing (2)	evening_star (0)	dark_cloud_cover (2)	bearish_kicking (0)	shooting_star (6)	all_bearish_taz (78)	bearish_nr7 (24)	bearish_r2 (74)	fail_to_climb (44)	recent_gap_down (52)

(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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