TRADING DP

[TREND1]

2/22 Ultra-Short-Term Indicators: Yesterday's climactic readings signaled a possible downturn or at a minimum, a pause in the action. The pause is what we saw.


Conclusion: Although short-term indicators are configured negatively, the very bullish intermediate-term indicators suggest that rather than a correction, we might see more sideways movement or a brief pullback. I know we all are watching these steeply rising trend channels and wondering how much higher can it go before declining? I believe the key lies in the intermediate-term indicators. When we start to see deterioration there, it'll be time.