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Bearish Stock Indictors, Chart Patterns and technical analysis
Friday, June 16, 2006
In 1995 the Aroon indicator was developed by Tushar Chande. It used to measure the trend strength to determine the continuance or vanishing of the trend.

Todays Stock Of The Day Chart.........Link

AROON BEARISH OR BULLISH CROSSES ABOVE AND BELOW THE 30 AND 70 LINES ARE THE MOST VIOLENT IN BOTH DIRECTIONS. NOTHING IS EVER 100% FOR SURE BUT ITS RARE ENOUGH THAT WHEN IT HAPPENS I TRY AND NOT MESS AROUND THINKING ITS A HEADFAKE EVEN THOUGH I WOULDN'T "PERSONALLY" MIND IF IT WAS :)
AROON BEARISH CROSS AT THE 70 LINE
SP500 FUTURES HIT DOWNTREND LINE