9 May 2014

The market is currently sporting a bullish trend.  Not only did our intra-day chart turn bullish but our ST also turned up.  We should be aware that the norm now are whipsaw actions and the ST indicator could possibly lag, but it will eventually tell the true nature of the trend when it does break up or down of this sideways market.  Notice on the chart that the ST's have been clustering in a range.  This usually is followed by a clear trend move.

MT: UP
ST: UP
PA: UP