Without reviewing tonight's MS update (as of yesterday):
Here's what I use alot -
Dahl primary trend weakening, tho above 0
MACD(13,34,89) and MACD(12,26,9) stalling and beginning to fall, tho above 0 and triggers
DMI(14) and ADX(14) positive territory for last 3 weeks and holding
StochRSI(34,13) stalling from 50's decline in 3 week trend
Shorter SRSI(8,5) and (13,8) bottomed or almost so, so somewhat expected resurgence attempt that may fail
LinRegSlope and R-squared diminishing from previous uptrend
With most indicating diminishing strengths, I like to play short turnarounds until everything is more pronounced one way or the other. To commit, I'd have hope to hang on for up to 7 more days, but don't nail me if it blows up. Also, don't exceed your loss tolerance. Stops at 36 area may be in order. |
