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

PAYPAL

Thursday 26 February 2015

26 Feb 2015 - Note

The price for the SPX has made some retracements , but the ST is still in the OB position and we need to take note of this.  If our intra-day trend turns up, then we will have a reset of some sort, and we would move to higher highs.

I would like for both the ST to turn down with an intra-day OS signal.  This would produce a much significant signal for a sustained downside.

MT: UP
ST: UP
PA: NA

No comments:

Post a Comment