Aug. 18 at 2:14 PM
$FCX a sell signal was on July 7th. That doji means indecision but the next candle was a gap down open with +2x volume, which meant the bears took control, and that was a sell, IMO. Now, we look for a buy signal. Follow the green line. It's not a possible buy when the green line is under the yellow line. The one time the green line started to trend over the yellow line, there was major resistance at the 50-day (red line), which was a caution sign, and not a buy signal until it broke that, which it didn't. Still waiting for a buy signal, IMO.
