Is there any way you can apply the TDI with E/A to indicate any impending bearish pullback pennies or are you simple going by wave counts? I went ahead and took a short at the daily ADR high but on the hourly chart, it looks to me like the TDI fast line bounced off the trendline bullishly and we're only going to see further price advancement. The 4 hour TDI shows both direction lines curling up bullishly.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.