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TREND1

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Re: None

Tuesday, 03/21/2017 1:01:24 PM

Tuesday, March 21, 2017 1:01:24 PM

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3/20 Ultra-Short-Term Indicators: No climactic readings but the VIX is staying above its average suggesting some optimism which is bearish. I'm looking for a penetration of the upper band, but with the other indicators looking very bearish, it may not require it.


Conclusion: We've been seeing weakness in price movement, but short-term indicators were rising. Now that they have topped and the intermediate-term indicators are continuing lower, I would look for a break down of the rising trend channel very soon.

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

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