Very clearly, when in the past the ADX directional trend strength indicator crossed up the level 20, we have a bullish run for ELROND.
The green directional DI indicator needs also to be above that 20 level. The only one time that was a down trend for ADX above 20 was when the green DI indicator was showing a downtrend. Have a look at ADX, an interesting one.
We are apparently doing the same today...going up 20 and green DI showing up trend as well.
If it closes day above, i will give it a try :)
The green directional DI indicator needs also to be above that 20 level. The only one time that was a down trend for ADX above 20 was when the green DI indicator was showing a downtrend. Have a look at ADX, an interesting one.
We are apparently doing the same today...going up 20 and green DI showing up trend as well.
If it closes day above, i will give it a try :)
