Daily:
Down trending started yesterday, lasting for 2 days, which is different from 11-17-2014, the Sell signal emerged for only one day.
Is this the beginning of the end, yes, eventually will. but it take almost one month (08-28-2014 to 09-22-2014) to officially start a 10% correction, I think this time may take even longer, considering the X-mas rally. But any political-economic bad news will fasten or ignite the falling. Wall street are waiting for a reason/excuse.
All TA indexes waiting for a confirmation of Lower highs, last time is 09-19-2014
Hourly(1h~4h) still showing a upward trending, so short and hold over-night will be dangerous
Minutes(15 minutes) is good for day traders to catch peak and dip, for a low volatility trading session like today. All indexes should be adjusted to increase the specificity and sacrifice the sensitivity, would rather miss but not mistake.
Down trending started yesterday, lasting for 2 days, which is different from 11-17-2014, the Sell signal emerged for only one day.
Is this the beginning of the end, yes, eventually will. but it take almost one month (08-28-2014 to 09-22-2014) to officially start a 10% correction, I think this time may take even longer, considering the X-mas rally. But any political-economic bad news will fasten or ignite the falling. Wall street are waiting for a reason/excuse.
All TA indexes waiting for a confirmation of Lower highs, last time is 09-19-2014
Hourly(1h~4h) still showing a upward trending, so short and hold over-night will be dangerous
Minutes(15 minutes) is good for day traders to catch peak and dip, for a low volatility trading session like today. All indexes should be adjusted to increase the specificity and sacrifice the sensitivity, would rather miss but not mistake.