Users: FoamRanger: http://tradegato.com/gallery/albums/TradeGato/YM-03-18-240-Minute-_-YM-03-18-Daily-2018_01_19-_Captain_Slick.png

tradegato.com/gallery/albums/TradeGato/YM-03-1...1_19-_Captain_Slick.png

01/19/2018 Captain Slick

Comments

FoamRangerFoamRanger
Here's a watered down chart to show that the bottom indicator that most folks don't like (because it looks icky) actually has value. When it turns mustard yellow (plain old ballpark mustard) it means momentum is slowing but prices can still rise. When it turns PoopOn yellow (a real trader's mustard) things are getting more serious and sideways to downward movement is likely. Red indicates further weakness might be ahead. So, at this point, caution is advised but not panic. 1/19/18
...