Hi guys, as I mentioned yesterday, we would some strong 'directional' moves. Those moves are finished and the Market Barometer is consolidated (again). We should get more 'strong directional' moves. Probably in the opposite direction this time. Why opposite direction? Because the Market Barometer over extended and we usually get a reversal after a huge over extension.
Sorry for no posts last night. Decided to sleep :D
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
Sorry for no posts last night. Decided to sleep :D
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
Note
The longer term outlook (Daily this time). The daily is very 'laggy', but its good for a general overview of trend strength and positioning.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.