4 replies to this topic

[OEXCHAOS]

The Cumulative A/d Volume is bearish and deteriorating. Best Trend gave a sell too. It has not confirmed as yet. IT Momentum is still positive and the ITBM is still stubbornly a long way from a Sell.

 

My options Oscillator is on a Buy.

 

I THINK we will resolve higher over the coming days but I'm up in the air about tomorrow. I'd look both ways.

 

M

[Charvo]

I am thinking the same for the US markets.  Kind of bearish but with conflicting signals.  Why waste time with this up and down action?  It's all bearish for China though.  I'm ready to short more FXI when it bounces.

[alexnewbee]

Distribution is going on on BS political news. Look at WTIC, WOB.

[kinga200]

I am thinking the same for the US markets.  Kind of bearish but with conflicting signals.  Why waste time with this up and down action?  It's all bearish for China though.  I'm ready to short more FXI when it bounces.

We are going to retrace this post election rally.
Financials are singing

[CLK]

First NYAD divergence since the 2015 top I can find.

 

Edited by CLK, 05 May 2017 - 07:30 AM.