Trending Now: STWD Continues Higher: Buy Fractals In Effect
Here are the positives:
1. Currently multiple buy Fractals (highlighted in green boxes). Note: the sell Fractals afterwards are not valid as they came with prices above alligator's jaw.
2. The lower indicator under the chart is CHOP; readings below the shaded area (38.2) indicate a strong trend. The STWD-trend is getting stronger.
3. The top lower indicator is phase energy, and this is positive. Very strong.
4. The is feeding in the uptrend.
5. / (top indicator) is strong.
6. Prices are trading above the .
7. Prices are trading above the thick red conversion line.
8. Prices are trading above the Ki jun-Sen baseline of the and this has been HEADING HIGHER.
9. The 5/34 (top middle) is strong.
10. The is rising.
11. The moving average is rising.
In my opinion, STWD-is in a solid uptrend.
Good luck to you. Don.