EARLY TA AND CHARTHi -- Well at the risk of putting a hex on ENG -- here is the early ta update.
I think ENG is looking very good today - we had a nice gap opening and it is holding very well. The stochastic has crossed over the 20 line, which is a decent buy signal. Also, the candle forming today is a white spinning top at this point - but I think we will close in the 2.10 to 2.25 range.---which would make it a long white bullish candle. The candle forming today is also confirmation of the Thrusting Pattern from yesterday - a very good sign. So, looking okay so far and could be a strong reversal pattern if it holds. Good luck trading. Zeta