ism chart as of 20 may 2016
(click on the chart to enlarge)
remarks:
1. ism closed at 1.69 ....
2. support: 1.69 ...
3. ism is trading at the bottom of the current cycle ... should i enter now? short term trend followers will of course wait and see first ... ism is at its support ... while it is possible that ism may bounce up .. it is also possible that it will breach support and continue its downward plunge ...
for questions, comments .. email me at: shingen_takeda00@yahoo.com
STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!
p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose
