This does not mean we can't make new highs, but it does tell us that momentum is shifting. Therefore early or not, it's up to you as the investor to weight the amount risk and trade before the confirmation is had.
SEN: Bullish
ST: UP
PA: NA
Tuesday 22 March 2016
22 Mar 2016 - SPX Giving Clues It's Turning
The intra-charts in the SPX is giving clues for a turn, although our ST has not shifted its views, the cracks almost always shows itself first in the lower time-frames. These signals have now come off their OB level, and will watch intently for a bearish sentiment to begin the positioning of any downside bias trade.
This does not mean we can't make new highs, but it does tell us that momentum is shifting. Therefore early or not, it's up to you as the investor to weight the amount risk and trade before the confirmation is had.
SEN: Bullish
ST: UP
PA: NA
This does not mean we can't make new highs, but it does tell us that momentum is shifting. Therefore early or not, it's up to you as the investor to weight the amount risk and trade before the confirmation is had.
SEN: Bullish
ST: UP
PA: NA
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