3/16 Ultra-Short-Term Indicators: Yesterday's climactic readings expired today, leaving us with quiet readings. The VIX didn't test either of the bands today.
Conclusion: Short-term bullish indicators are tempered by the bearish intermediate-term indicators. Sentiment is bearish (see my article in today's DecisionPoint blog) and that suggests higher prices. With mixed messages in the various timeframes, I'm looking for more sideways movement or slightly rising prices to move ST indicators into overbought territory for a more bearish set-up
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