Sunday, 1 May 2016

Trend Wizard Timing Tools Possible Downside - Not Confirmed Yet

Trend Wizard Timing Tools indicating further downside but there's no confirmation yet. The VIX is gaining momentum upward so the markets should go down.

The short term swing trading oscillator is indicating a divergence.... lower highs as compared with the indexes.

The Swing Trading Oscillator is showing some reversal action as noted with the middle indicator.

The Russell 2000 might have some support on the red line... will have to keep an eye on this just in case there's some weird reversal

The ultimate Trend Wizard Trading Tool still doesn't have a crossover yet, so no confirmation YET...

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