*LSIP (LSIP) Tuesday, October 13, 2009 *By Bill Williams, Ph.D. C.T.A. Profitunity Trading Group (409) 945-8880 - p...@phoenix.net*
Alligator: Price is ABOVE the alligator Zone: Grey Zone Awesome Oscillator (AO): Increasing Accelerator (AC): Decreasing Open: 7,850.00 High: 8,050.00 Low: 7,850.00 Close: 7,950.00 Alligator Jaw: 7,489.42 Alligator Teeth: 7,554.90 Alligator Lips: 7,709.09 Close is above the Alligator which means we are only interested in a long position. The AO is Increasing (Green AO bar) which means that the momentum is upward. The AC is Decreasing (Red AC bar) which means that the upward momentum is slowing. Since the AO is Green and the AC is Red, the Price Bar should be Gray or Black. **(note: di chart ane rubah warnanya jadi biru)** This is an area to be cautious about placing a long entry, and if you are already long it might be time to tighten your stop. *
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