Friday, August 7, 2015

Low unfolding but could be next week

Here we have the Stockcharts !STVOSPX INDICATOR. It gave a sell yesterday when it crossed the MA. on the 5th. On the other hand my excel parabolic indicator calls for a low tomorrow the 7th.
Since the PI calls for a low tomorrow but I usually get a second PI signal I will go with the !S indicator.
If we don't get a lower low tomorrow then the low will move to early next week .
Jerry

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