SEN: Bullish
ST: DOWN
PA: DOWN
R: NA
Wednesday, 10 August 2016
10 Aug 2016 - EOD
The ST has turned down as well as the intra-charts, which I said needed to turn up in order to make higher high prices in SPX. The intra-charts are now in OS, but things between intra-day charts and daily charts are complicated in that a Reset signal is perhaps developing in one scale while downtrending on the other scale. For now, it is better to stay with the ST signal and confirm possibly by tomorrow the real intent of the market. If intra-day signals move out of OS, this would be the signal for a Reset bias to upside.
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