Short Term Trading Member Forum

[jglider]

These's an indicator I use that is very good at spotting VST tops and bottoms. For about 3 weeks it hasn't worked at all, which is typical when we're near a major inflection point. If you look back about 3 weeks ago I was getting cautious but shortly after said the bears had to be patient.

Today is the first day it's flipped and is doing what is expected with the market down. Dont take this as a bullish signal, it usually takes a couple weeks of this constant reading to turn things.

If my assumption and l/t plotting is right, we'll continue to chop wood for a while, make a platform then spring again for a final hurrah.