design333
If you look at the chart you will notice a reversal signal in the DMI on the 9th. But the ADX never crossed DMI- up to DMI+ to confirm the reversal. The PPs showed the lack of confirmation by not continuing to rise. Today the ADX confirm signal shows the reversal should stand and normally signals swing traders to buy, because of it.
Also you will see the 5 day (one week look) Aroon crosses the 9th to signal a trend reversal, but without DMI/ADX confirmation it reversed back. But it crossed up with the ADX reversal confirmation today, strengthening the signal of a PPs climb.
If the ADX continues up, into the space between the DMI- & DMI+, I expect the Aroon up trend to also continue. See how these 2 indicators compliment each other, Aroon for trend & DMI for PPs reversals. William2112 10 day, short look BB, also shows continuation as the candles stays above the 10 day MA. All indicating a climb, not run. Just what we want, a steady climb to May 23.
http://www.investorshub.com/boards/board.asp?board_id=3972 Welcome to my mind! 
