"Devil's Den" Situation - Trend in Transition - Calls for Caution
US Dollar continues to Rally off of EURO concerns. Trend remains to Upside.
SPY 20 Day, 1 Hour - Trend is Down
Potato Chart - SPY 10 Day, 1 Hour - "Devil's Den" situation - Ambiguous transition from Down Potato to Up Potato. Price Action on both sides of Moving Average Crossover. The situation is not clear as to direction. It could go either way.
No comments:
Post a Comment