Clx daily, weekly
Clx update
Started by
milantrader
, Nov 21 2015 05:02 AM
3 replies to this topic
#2
opinionated
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Posted 21 November 2015 - 07:41 AM
Conflicting signals? Or am I reading it wrong? All charts seem to indicate possible turn down firm resistance, but clx seems to say the bottom formed and we are off to the races.
Thoughts?
#3
milantrader
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Posted 21 November 2015 - 08:47 AM
Conflicting signals? Or am I reading it wrong? All charts seem to indicate possible turn down firm resistance, but clx seems to say the bottom formed and we are off to the races.
Thoughts?
Not really conflicting. The weekly clx 34 ma will top in 2016 and if the models does what it did since 2002 we should see new highs. The daily clx suggests we should see a correction as soon this leg from nov 16 is accomplished.
