Candle Scans for 20090505




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 (0)	morning_star (4)	piercing_line (0)	bullish_kicking (0)	hammer (12)	all_bullish_taz (109)	bullish_nr7 (39)	bullish_r2 (42)	fail_to_drop (6)	recent_gap_up (361)

(Click here to view all Bullish Patterns' Chart)

Bearish Patterns
bearish_engulfing (0)	evening_star (0)	dark_cloud_cover (1)	bearish_kicking (1)	shooting_star (8)	all_bearish_taz (46)	bearish_nr7 (43)	bearish_r2 (89)	fail_to_climb (27)	recent_gap_down (43)

(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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