Wolfgangrene's charts Message Board

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Strategies & Market Trends : Wolfgangrene's charts

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From: The Ox	11/27/2017 10:31:25 AM
	1 Recommendation Read Replies (2) of 3976

ADX on the weekly saying we are overdue for a serious pullback. This does not have to occur right away but it is the most "bullish" reading yet. This raises my "caution" flag and appears to be going from yellow caution to red or, at a minimum orange. I'm not sure what will trigger a pause or break down but simply waiting and watching at this point. So many caution flags are waving that I'm trying hard not to ignore them. I still have a few select long positions and nothing short yet but nearly chomping at the bit for more signals to get short this parabolic move.... Patience is a virtue!!

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