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NAAIM Delta Sell


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#1 OEXCHAOS

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    Mark S. Young

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Posted 19 May 2018 - 11:41 AM

We got a ST Sell from our NAAIM Delta indicator on Thursday. That should be good for more than the 6 point drop we saw on Friday. It's not a very important IT indicator, last two Buys notwithstanding.

 

NAAIM05-18-18.gif

 

 


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#2 tsharp

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Posted 19 May 2018 - 01:43 PM

Agreed... if my fractal interpretation is correct, there is a smallish downward bias to complete wave-ii, then the uptrend should resume in a smaller wave-iii... we shall see.

 

SP00_240_5.18.18-2.jpg

 

Link to chart:  https://postimg.cc/image/unxv092vr/