First sell signal since July 2012, similar to that of July 2007. What make it a sell signal?
. Price below 10 month MA, and
. 3 EMA below 5 EMA, and
. RSI support broke, below 70, and
. MACD negative, and
. Stoch below 80
This sell signal most likely is valid because today is the last day of July. Note that market does not go one way straight, there will be up and downs. But the main trend may start to change now.
. Price below 10 month MA, and
. 3 EMA below 5 EMA, and
. RSI support broke, below 70, and
. MACD negative, and
. Stoch below 80
This sell signal most likely is valid because today is the last day of July. Note that market does not go one way straight, there will be up and downs. But the main trend may start to change now.