Replies to post #1405 on Short Term Pinch (STP)

[TVeyeGuy]

Hey man, how goes it?

Yes, you can see the ADX 5 and 14 never went positive (today)
and the CCI only touched zero, not really above. So yeah, the
price kept going down. Good reading, Blackshire!

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[SamLBInj]

FTR, This started to build an STP but kept failing. Best way to keep an eye on it is to watch the ADX's Once the ADX2 goes positive watch the ADX5 and then the CCI20 to cross +100, Once the ADX14 crossed Positive you are really Golden.
The ADX14 on this just kept going sideways as did the CCI20.
Always be careful when the ADX14 does not go Positive, this is a great Indicator and I use it a lot. If it goes negative I sell as the stock will most likely drop.