23/09/2013

All the daily trends are up and the 2 hr trends are down. The important thing is the day 8 MA. Monday saw these curves penetrated and a few closed below. We are slowly coming closer to the point where either the daily trend will give up the upside or the 2 hr trend 8 MA will change to upside. This was the third day of lower daily closes. I am following the trading as usual but a prognosis can still not be good enough to publish. I give you the charts now and then but will not be activated until I see where we are heading. This is typical September trading, quite dull.


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