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

PAYPAL

Monday 2 March 2015

2 Mar 2015 - Still OB

Prices in the SPX looked to turn down this afternoon and we needed a confirmation from the stochastics that the downtrend is materializing but that did not happen and kept open to the upside. Now the indicators are back in OB on the intra-day level.  Bears have not put a dent in the Bulls move up and has not changed our ST either. 

MT: UP
ST: UP
PA: UP

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