I thought I would change the way I analyze S1TH. Basically,above 100MA is BULLISH and below is BEARISH.
The DPO(50) is used as above 0 is BULLISH and below as BEARISH, it's also used to detect short term DIRECTION(falling/rising), DIVERGENCES and exhaustion spikes. At the moment we seems to have mixed messages.
The INDEX is below the 100MA and the DPO is below 0,but rising.The short term channel is rising but looks to be forming a BEAR FLAG.If the DPO bars start to get longer the index will most likely break to the DOWNSIDE.
The DPO(50) is used as above 0 is BULLISH and below as BEARISH, it's also used to detect short term DIRECTION(falling/rising), DIVERGENCES and exhaustion spikes. At the moment we seems to have mixed messages.
The INDEX is below the 100MA and the DPO is below 0,but rising.The short term channel is rising but looks to be forming a BEAR FLAG.If the DPO bars start to get longer the index will most likely break to the DOWNSIDE.