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Totally bullish across the board….
Looks like on the 15 Min chart the (ii) is not finished… the (ii) can retrace almost the full length of the (i)….
At this time the dollar is looking very weak… not even close to a buy…
UPDATE: Dollar breaking down into the close…. YEN looking good on Daily just needs SLOWSTO turn….
gdx looks bullish to me as well, sar buy on the daily today as they tightened down into the consolidation. -di has crossed over the adx and vice versa for the bear etfs
we just need the price action to confirm the indicators. we are not getting that (yet). every trader can see that the indicators are bullishly aligned, but trading on that basis only is dangerous, and is just a gamble….may as well flip a coin as the odds are the same.
Trying to trade bullish indicators in a downtrend doesn’t make sense to me. It’s swimming upstream. You’re better off using those indicators to trigger buys during pullbacks in an uptrend or sideways market.