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REPORT FOR FRIDAY AUGUST 8, 2008



RANGE EXPANSION IN CURRENT SESSION

The true range for the current session is more than 150% of the average true range in the last twenty sessions.
 

RANGE HAS DOUBLED CURRENT SESSION

The true range for the current session is more than 200% of the average true range in the last twenty sessions.
 

BULLISH EXPANSION IN CURRENT SESSION

The true range for the current session is more than 125% of the average true range in the last twenty sessions, the close is more than one percent above the previous close and volume is more than 120% of the 15 day simple moving average.
 

BEARISH EXPANSION IN CURRENT SESSION

The true range for the current session is more than 125% of the average true range in the last twenty sessions, the close is more than one percent below the previous close and volume is more than 120% of the 15 day simple moving average.
 

BULLISH RANGE EXPANSION FOLLOWING PREVIOUS INSIDE SESSION

Price formation that shows an inside day has been followed by a bullish range expansion session.
 

BEARISH RANGE EXPANSION FOLLOWING PREVIOUS INSIDE SESSION

Price formation that shows an inside day has been followed by a bearish range expansion session.
 

BULLISH RANGE EXPANSION NEAR 200 DAY EMA

Stocks showing bullish range expansion where stock is close to its 200 day EMA.
 

BEARISH RANGE EXPANSION NEAR 200 DAY EMA

Stocks showing bearish range expansion where the stock is close to its 200 day EMA.