“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Tuesday 24 September 2013

24 Sept 2013

The rally we expected today lasted for a good part of the day but did not finish well by end of day and almost made a new low for prices.  The intra-day signal is still on sell and could push price lower tomorrow.  The Short-term trend has come out of overbought which is what we are looking for to keep the bearishness alive. 

Main-Trend: UP (divergence exists)
Short-Term: DOWN

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