30 Jun 2015 - Anticipation

With all the signals that I am watching through different time frames, it is looking like prices are anticipating some news.  Prices are well aware of the 200 day MA. and the intra-day charts are still in OS territory with the Daily time frame at the gates of OS range as well.

The hesitation of price to touch or break through the 200 day means the news is not showing its hand as to whether it is good or bad news.  Good news would have us bounce on this moving average, and I do not have to mention what prices would do if we do have bad news.  This is classic "line in the sand" charting.

MT: DOWN
ST: DOWN
PA: DOWN