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

PAYPAL

Friday, 29 May 2015

29 May 2015 - Tight

The prices have not been getting momentum either way but has push below the 50% of the current rally up.  This has shifted the ST back to the downside.  We are seeing very tight signals back and forth.  The market is quiet, and Mondays open is key since the intra-day is bearish.  A push below the OS could push us to lower lows.  An impulsive move up should show us higher highs. 

Right now we are currently in a stalemate, but the indicators favour DOWN.

MT: UP
ST: DOWN
PA: NA

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