The Traderszone Network

Published in TZ Latest News 2 August, 2014 by The TZ Newswire Staff

Indicators Oversold and Reaching Extremes

We’ve been watching our DecisionPoint indicators very closely over the past week as they have moved into neutral and now oversold territory. All three time frames are technically bearish as the indicators continue to fall without bottoming. Carl had written about a minor selling climax in the DecisionPoint blog about a week ago. Thursday we got a major climaxes on our ultra-short-term and short-term indicators.

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