View: 170301 - Parabolic Channels.jpg

170301 - Parabolic Channels.jpg


Closing Basis - go with the flowClosing Basis - go with the flow
This has all the appearances of a blow off move. What I want to know is how BKudla suspected it weeks/months ago. It ends when it goes absolutely bonkers to the upside. Won't know until it happens. 95% of my charts are up against their 100MA deviation bands indicating that the risk is far more than the potential reward. Best two sectors at the moment appear to be XLE and GDX which are sitting at neutral. 3/1/17