SEN: Bearish
ST: DOWN
PA: NA
My experience tells me that the best course of action, is to not take any for now and let this play out until we get some sort of SYNC with the ST and PA.
Thursday 4 February 2016
4 Feb 2016 - Life Is About Ups And Downs
Markets are unsure of the direction it needs or wants to go. The perfect time to use indicators that guide your general trend would be now. As I indicated yesterday, markets are harder to trade when signals are not in SYNC. What we got today was a swing in price from up to down, then back up and then down again. I don't think even day traders would have an easy time trading these swings.
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