The Traderszone Network

Published in TZ Latest News 21 October, 2016 by The TZ Newswire Staff

Short-Term Rally Fading – UUP Executes Flag – Review of the Weekly Charts

The short-term rally seems to be fading away as prices struggle to reach overhead resistance before turning lower. The DecisionPoint Scoreboards experienced no signal changes this week, which was a nice change from last week where whipsaw signals appeared everyday. The current temperature of the market is shown on the Scoreboards. The short and intermediate terms have a bearish bias (minus the…