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MDP and SBUX: interesting flag      3-Jun-09 11:57 pm    
The Entropy Indicators of Trend (EIT)is a very useful method in TA: it measures graphically the free energy available for any ticker in any timeframe and shows the problems to be solved in order to follow the major trendline.
Following EIT analysis SBUX and MDP are the only SP500 tickers with a "Black Hole" flag as shown at:
http://www.entropy-indicator.com/index.p...

Such a flag could mean "partial reversal", but with the high pressure UP from main indicators not involved in the black hole it's more likely a continuation signal with 500sma target.

EIT analysis are also available at:
http://www.novaroche.com/
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MDP and SBUX: interesting flag
entropyindi... Not rated 3-Jun-09 11:57 pm  
 
These chart have been updated one week after the b...
entropyindi... Rate it 11-Jun-09 06:34 am  
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Meredith Corp. (MDP)

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