Simple's Green Room

[Qui-Gon Kagi]

Well boca, even if we see a new high, it might only be 50 pips above the most recent high on the daily chart before we see a good multi-hundred pip pullback on the daily. Then of course it could move back up and make higher highs based on the weekly chart.. I sure don't know. I see though that the TDI baseline is well above the 68 parameter line on the daily but only just begining to move up off the 50 parameter on the weekly. I think we see a big pullback very soon based on the daily TDI baseline alone, even if we do see a slightly higher high first.