11 Jan 2016 - Reversal Candle Low...

The daily chart seems to have formed a reversal candle low.  This is made in the face of an OS condition so risk of an impulsive move down is still high on the list.  I do not recommend buying anything for the long side as it would be counter productive to the indicator.  If the rally is real or a bull market is starting from any bottom, it would be prudent to get some sort of confirmation.  In my own personal opinion and nothing to do with what the chart or indicators are saying now, I believe that prices could break the Aug. lows, therefore a weak rally in the form of a signal that fails to sustain a move into bullish territory is in my view a short trade.

The intra-day charts is up trending on a bearish and accelerative nature.

SEN: Bearish
ST: DOWN
PA: DOWN