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

PAYPAL

Wednesday, 11 May 2016

11 May 2016 - Made Yesterday.. Gone Today

What a reversal..  It looked like the market was doing great going into the last half of the trading day.  Didn't happen.  This could alter the ST by tomorrow, as today's price move can be classified as volatile.  We have to play with the hand that was dealt to us, and always adjusting through various conditions and this is just one of those conditions.  But lets not jump the gun, the ST is still trending UP so let us not speculate and instead get some confirmation.

SEN: Bullish (Down-Trending May 5th)
ST: UP
ST: NA
R:  NA (No reset signal for Upside potential)



No comments:

Post a Comment