AI
Hello D, below is my version of the $NDX chart in this jwg rb post:
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01233&read=9
Note that the ADX line is turning up and that the red -DI line is above both the ADX and +DI lines. That is indicating that this bearish trend will continue IT. Check out OCT 01, very similar.
From Elder: "The best time to be short is when both red directional and black ADX are above the green directional and ADX rises."
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01233&read=9
Note that the ADX line is turning up and that the red -DI line is above both the ADX and +DI lines. That is indicating that this bearish trend will continue IT. Check out OCT 01, very similar.
From Elder: "The best time to be short is when both red directional and black ADX are above the green directional and ADX rises."
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