ORIONS Money Stocks

[livinginstyle]

You certainly could be right. To me though, it needs to break above .30 and follow through a day or two to confirm. If it does that it will confirm a reversal. Remember, all those indicators are lagging, not leading. That means you are seeing what has happened already, not necessarily what will happen next. The only time any of those indicators become leading is when there is a distinct divergence to price movement.