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TREND1

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TREND1

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Re: None

Sunday, 03/19/2017 10:10:05 PM

Sunday, March 19, 2017 10:10:05 PM

Post# of 200
3/17 Ultra-Short-Term Indicators: Readings were elevated, but not climactic. The upper BB was penetrated and that usually suggests a decline to follow.



Conclusion: I'll admit it is a bit confusing. We have weekly PMOs rising and price holding above a rising trend channel on the weekly chart, but the intermediate-term indicators are bearish. The fact that short-term indicators are begin soften, I am looking for the current rising trend channel to be broken. Given the dichotomy of indicators, the breakdown will likely be a 'drift' not a price shock decline

MAIN BOARD http://investorshub.advfn.com/TRADING-3X-TNA-TQQQ-SPXL-RUS-2000-FUTURES-12981/

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