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Saturday, June 21, 2014

JO

Jo has an Early 'buy' signal cross over on the 1 Hr. chart and the DMI is Trending. A cross over of the 50-200 ma is usually  good place to re-enter the trade. That will probably be after price has crossed over the Blue Price area and then a retest.
  The Daily has not had an "Early" cross over yet so be careful. Note the Lagging Line on the Daily should be watched because it never "confirmed" the downtrend.
I Believe this to be an Expanded Flat for a Primary wave one.Watch the oscillators for more momentum and Good Luck.

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