Basically I used 1% and 0.5% coefficients instead of 10% and 5%. Provides a bigger picture.
This is what the bigger picture looks like applied to daily charts. ( I wouldn't daytrade futures based on that, but for perspective purposes works fine)
Not exactly an Awe inspiring sight. But it may cross up its 50 EMA So who knows. However bigger theme is still negative.
Second chart is a zoom in.
Once again, I stand by my opinion that absolutely all FA, TA, and any other A are meaningless until we get Fed and ECB meetings out of the way. Until then no bigger picture conclusions on the market can be made.
