Professor’s Comments December 1, 2014
Posted by OMS at December 1st, 2014
At the 1.55pm mark, with the Dow down 20 points, it appears that the A-D oscillator will be turning negative tonight.
There is also a good chance that the Summation Index could be turning negative. If this happens, then 2 of the 4 indicators that make up The Tide will be negative, which would turn the cockpit indicator from Green to Yellow.
Bottom Line: The Tide could be in the process of turning. ALWAYS pay attention to The Tide.
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Not sure of the terminology we use? Check out these articles
The Hockey Stick Pattern
The Creation of Waves and Trends
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Category: Professor's Comments