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

PAYPAL

Tuesday, 17 May 2016

17 May 2016 - Feel Good Confirmations

The signal in the intra-charts exited early in the morning session giving a good entry point for short in sync with the ST down trend.  current conditions suggest continued move lower, but expect the unexpected.  An intra-day signal entering OS should uphold the downside sentiment and add risk for an accelerated move.

SEN: Bullish (Down-Trending May 5th)
ST: DOWN
PA: DOWN
R: May 17 (Down-side bias)


No comments:

Post a Comment