Seeing a lot of calls for a big top

I don't trade anything "long term" anymore. I may hold a day or three depends what the market is doing. Posted this the other day showing a short term probable top:



that said, I do like to take a look at the weekly to see what may transpire. Here is one indicator which gives fairly decent calls on a longer time frame when it does turn:

Here is another tool I like among several others I use. (Mom always told me to make sure I went on the faster rides during carnival time) As I said before, long term might be several days or so depending on market circumstances.

Thanks for the thoughts, and charts... may I ask if you see a slow roll over here or a final attempt at a run to the 1400 TL? Thanks... O

I am thinking the bias is down for the next 1 to 3 days then they will push up again, the quality of that push will possibly tell us if this is a rollover. No one knows IMO. If I were to guesstimate I would say we are not going to your trend line 1400. My most reliable signals show me trades in the 2-3 to 4 or maybe 6 day range, anything longer for me is too variable. Even if I guess a longer trend the short term draw downs make me crazy, lol.

This chart is worth what you paid for it