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

PAYPAL

Tuesday 12 January 2016

12 Jan 2016 - Up On A Bear

Intra-day is suggesting this is a correction as indicator is up-trending on a bearish signal.  Short should be initialized when the stoch. signal crosses back down into bearish territory and confirm with an entrance into OS which should accelerate prices to the downside.  Until then, the signal Up should be respected and allowed to play out.

SEN: Bearish
ST: DOWN
PA: DOWN

Note: Price still closed under the last Gann angle.




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