STWD Update: Bearish Three Drives Pattern
This setup could forecast possible change in trend from up to down.
Four hour charts are already very negative.
The DMI-has become negative (top indicator).
Phase energy (top lower) has a downward trend.
Chop Zone (under chart) has gone from positive to neutral (green to white).
This might be a perception that the Fed will raise in December, and real estate stocks might take a hit.
If you are long, my suggestion is to fade any rallies.
I hope that all of your trades go well. Don.