This is an update from a week ago. Not much has changed. No trend.
Negatives:
1. Last valid sell Sell Fractal was Sept 13th.
2. Your compass for direction, the alligator, is sleeping.
3. CHOP is ABOVE the shaded area. This predicts NO trend.
4. CHOP ZONE is green, white, green, indicating no trend.
5. Prices are trading at the Ichimoku Cloud .
6. Prices are at the red Ichimoku Cloud conversion line.
7. Prices are at the Ichimoku Cloud baseline.
8. The 5/34 MACD (top) has a bearish cross. Histogram within is falling.
9. The phase energy (top lower) is red-green-red. Trend-less.
10. The forward price projection (top middle) is neutral to slightly bearish.
11. Ichimoku Cloud has red border.
Positives:
1. NONE TO REPORT.
Support is last swing low at $592.10.
Want odds? 75% odds down (because of the sell Fractal), 25% odds up or sideways. There is no trend that I can detect.
Good luck to you in all your trades. Don.
Negatives:
1. Last valid sell Sell Fractal was Sept 13th.
2. Your compass for direction, the alligator, is sleeping.
3. CHOP is ABOVE the shaded area. This predicts NO trend.
4. CHOP ZONE is green, white, green, indicating no trend.
5. Prices are trading at the Ichimoku Cloud .
6. Prices are at the red Ichimoku Cloud conversion line.
7. Prices are at the Ichimoku Cloud baseline.
8. The 5/34 MACD (top) has a bearish cross. Histogram within is falling.
9. The phase energy (top lower) is red-green-red. Trend-less.
10. The forward price projection (top middle) is neutral to slightly bearish.
11. Ichimoku Cloud has red border.
Positives:
1. NONE TO REPORT.
Support is last swing low at $592.10.
Want odds? 75% odds down (because of the sell Fractal), 25% odds up or sideways. There is no trend that I can detect.
Good luck to you in all your trades. Don.