Let's review Don's TRADE-MAP approach:
TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
.....MAP = 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance.
When I mention "Don's Top Ten Technicals", I use the elements of the "TRADE-MAP" approach:
1. The is rising. 2. Prices have risen above the cloud. 3. Prices are trading above the thick red Conversion line. 4. The thick red conversion line is also rising.
5. The thick black line is the Ki jun-Sen baseline of the , which is rising and above the cloud. 6. The indicator on the top of the page is / , and this is strong.
7. The top middle indicator is and it is strong (green over red). 8. The Top (bar-type) indicator measures the "phase energy" of the , and this is STRONG. 9. The green arrows are up (not shown). 10. Look to the far right on the chart, around $132.00. You will note a yellowish line on top (lips), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are rising, correct? This is where I ask you to use your imagination and envision these three items as the "separated jaws of a feeding alligator". This is a positive indication because the is FEEDING in the uptrend.
My opinions: I believe interest rates from the Fed are not likely to rise. US are over-priced and are being bought on the TINA (there is no alternative) principle. Beware, when the music stops you want to be very near the exit. The wise person will not chase .
I hope this has been helpful and informative. May all of your trades go well. Don.