Hello again,
Obviously, this is the great question we need to answer. But anyone knows. I don't know where the market goes now an then. Well, next I'm going to give you some stuff, that'll make you think about what happened the previous days in economic markets.
First, there is here a picture of where the price is, at the moment. We don't know if it goes down or high in the future, but however, there is a line that holds the price and this makes me think that's a good line to follow in the next weeks or months. As you can see, this is a critical moment for the price, and this is a good point to do a U turn, at least for a few or more weeks.
There are another signs that makes us think about. We have a downtrend and of course it's so dificult to work against the main trend, but it doesn't mean, that there were no oportunities at all. Look at the indicators below. There was a negative divergency weeks ago, that involves in a negative trend. We are clearly downtrend. While the indicator be under the neutral line and below the average we must only think in trend's direction. But, like I said before about the prices, due that, actually, you must be very careful, because this is a good point for a change that involves a diary change up trend, and after that, we'll see.
Now, I'll show you a very useful indicator. Have a look at it. Do you really see anything interesting ? Look at the green circles. This is a week indicator. Have a look at the dates. The market always did a U turn when it got there. This is another clue. We'll see the results in a few or more weeks.
If the market goes down, and the indicador really goes down too....... I don't want to think that, because it makes me feel under the weather, and this would meant that the economy would be entered in a new dimension, that probably makes us a bit more poorer that we are today.
Advertencia: Las opiniones mostradas en los artículos de este blog, no suponen ninguna recomendación de trading o especulación, solo son mostradas como ejemplos, con carácter educativo.
