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

PAYPAL

Wednesday 18 May 2016

18 May 2016 - Reversal

The low made today has provided for a positive divergence on the daily and intra-day basis.  While the H&S pattern is still valid and in play, It is prudent to keep the positive divergence in mind,  A drop of the signals in the intra-charts and into OS will certainly keep us pushing lower.

SEN: Bullish (Down-Trending May 5th)
ST: DOWN
PA: DOWN
R: NA


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