Loading ...JDST Update
This trend line on 30 Min chart should hold. 7.87 is the 23.6% retrace. We’ve exceeded it slightly. WE DON’T WANT TO FILL THE GAP. GAP UP RULES NO LONGER APPLY (ie. 3-Push Up) IF WE FILL THE GAP… so far so good though looks like we’re continuing up… just have to watch…
Yes, the ST indicators are to be “ignored” with a strong trend. Can stay overbought/oversold for an extended period during a “trend” Now is the time to use the moving averages to ride it out till otherwise.