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CURRENT MARKET TREND: Up 5/27/16 @ 2090
Stop-loss 2026

Saturday, August 18, 2012


All daily charts and indicators are still bullish. All my swing trend indicators are still bullish. Long and strong is still the way to be. One cautious indicator is showing up on the hourly charts, and that is the hourly ADX has risen over the 40 line. A rollover of this indicator should show some weakness (pullback) in the SP-500, but the sustainability of the pullback is unknown at this time.

SP-500 Hourly ADX



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