Nikkei 225 SHORT FROM 17055

Oct 11, 2016

Spinning top at MPR1 and not even able to pierce upper Bollinger band + SMIIOC signal cross down, STC in OB showing time has come to focus on finding a PA pattern to enter SHORT, and Roïd BB exceeding OB zone and pulling away from its volatility upper band --> all signs of an impending pullback.

If not, expect consolidation and a reset of all studies to their 0-line or bottom area. If so, then you know it's time to look for continuation long entries. But has not happen yet.

Good luck.

Oct 11, 2016

Note

my bad, not a spinning top, but inverted hammer.

Oct 11, 2016

Note

OK TP reached.