Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 6/18/2013, 1 day ago, when the stock price was 44.5450. Since then OKE has fallen by -3.67%.
Market Outlook
A sudden bearish attack caught us off guard without the forewarning of a bearish pattern. We may be on the verge of conceding the death of bullish case and getting ready to cut our bullish bet. Our previous BUY signal didn't work out. This happens. Sometimes, candlestick patterns falter. We owe you an apology for that but this is exactly what we have the stop loss mechanism for. The bearish stop loss of the last bullish pattern is triggered today.