“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Friday 12 July 2013

12 Jul 2013

A 60min Black candle appeared with a flat top.  Both a reversal trait.  Although its a reversal indicator we have to use it as a caution for  potential downside because our Mid-term confirmed today that we are on an uptrend. 

Mid-Term: UP (Confirmed)
Short-Term: UP



Flat tops and bottoms shown below.  Todays Flat Top showed up on the weekly, daily, and 60min chart among the important time frames.

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