SEN: Bearish
ST: UP
PA: UP
Overall the market is OB and bullish, suggesting that any risk of impulsive or runaway moves are to the upside. This however can change once you can confirm with your individual time frame that you use.
Thursday, 29 October 2015
29 Oct 2015 - FED Hangover
After the rush to buy up the market yesterday after the FED Speak, things this morning started and ended pretty much flat. The SPX did make a push above yesterdays high, but it wasn't big enough to warrant any attention. As I have said the past few days, I am expecting a turn-a-round soon, but will look to the indicators to confirm that we have indeed reversed the current trend.
SEN: Bearish
ST: UP
PA: UP
Overall the market is OB and bullish, suggesting that any risk of impulsive or runaway moves are to the upside. This however can change once you can confirm with your individual time frame that you use.
SEN: Bearish
ST: UP
PA: UP
Overall the market is OB and bullish, suggesting that any risk of impulsive or runaway moves are to the upside. This however can change once you can confirm with your individual time frame that you use.
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