NASARAVI - "Do you use PPO 3,8 crossover as your earliest signal to indicate the potential for a daily Phase change, because last correction from Phase II daily down to Phase I daily lagged a bit by 3-4 days."
Yes, the PPO is an early warning indicator. When it makes a bearish crossing above the zero line, it is not a major cause for alarm, however you should watch it. If it proceeds below the zero line than the probability of a Phase I is greater.
Right now the PPO has made a bearish crossing above the zero line, however at this point it looks like it may be reversing course and we may get a bullish crossing.
With all three timeframes being in Phase II at once. This is when the sub indicators come into play. It's like keeping daily vital signs on a patient. Currently all the vitals are good for continued upside.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."