Mid-Term: UP (unconfirmed)
Short-Term: UP
Our indicators says that we are now on an uptrend but our Mid-Term indicator has not confirmed this yet. A position should be taken for upside on a intra-day basis or set with a stop loss limit.
Monday 8 July 2013
8 Jul 2013
The SPX managed to push above the Blue dotted trend line, and it seems we still have at least one more push up to complete a possible divergence on the 60min. before we move lower. A violation higher past 1655 SPX would negate our 1-2 1-2 count as an EW pattern.
Mid-Term: UP (unconfirmed)
Short-Term: UP
Our indicators says that we are now on an uptrend but our Mid-Term indicator has not confirmed this yet. A position should be taken for upside on a intra-day basis or set with a stop loss limit.
Mid-Term: UP (unconfirmed)
Short-Term: UP
Our indicators says that we are now on an uptrend but our Mid-Term indicator has not confirmed this yet. A position should be taken for upside on a intra-day basis or set with a stop loss limit.
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