If the rate is holding around this area the 1 hr trend will be down at 16:00. But remember that the 2 hour trend with cross and 8 and 21 MA down is the safest sign to avoid big rallies to new high. Smaller trends can often easily be taken out.
30/01/2013
DOW 30 min trend is now down with both 8 and 21 MA down.
If the rate is holding around this area the 1 hr trend will be down at 16:00. But remember that the 2 hour trend with cross and 8 and 21 MA down is the safest sign to avoid big rallies to new high. Smaller trends can often easily be taken out.
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