Minor Trend Inversion With Upswing
Prices did not trigger our Sell Signal mentioned by going below our dotted lines on the chart, so, by using an additional 'confirmation' tool of price movement downwards, we were able to avoid being on the wrong side of the expected price movement.
Our expectation of an increased daily price range did correctly manifest this week, although, inverted and on the upside in movement (continuing the strong weekly uptrend).
The strong momentum of the Stock Market is due to a Long-Term Cycle Factor which will soon peak.
I'll discuss this further in the next post this Holiday Weekend.
For our US Students and Clients, HAPPY THANKSGIVING!
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