TraderWise

The 60-minute trend is down according to the force index indicator. The breakout of the broadenning formation was succesful and the Nasdaq initiated a steep downward channel. The %b and the MACD indicator are printing a positive divergence.  Prices are testing the lower trendline. 

The 60-minute trend is up according to the force index indicator. The nasdaq emini is printing new highs and is moving above the upward channel that has contained prices since the beginning of February. I have a short position on the S&P, but it is a loser after so many consecutive up closes. %b indicator is developing a negative divergence.

The emini Dow is above the upper trendline of the broadening formation started at the end of january. The force index indicator is positive in the 60 minute time frame. Slight positive divergence of the %b indicator.  You can see that during the past 6 sessions, the emini has developed another small broadening formation.  support is at 10100.

The 60-minute trend is up according to the force index indicator.  The nasdaq emini is moving within an upward channel.  Price is testing the upper trendline of the channel.  In this situation I am not a buyer.

UNG is moving within a downward channel in the 60 minutes time frame. The trend is down according to the Force Index. %B indicator and MACD are printing negative divergence. Is it going to move toward the lower part of the channel?

The emini Dow is moving within an upward channel. The force index indicator is positive in the 60 minute time frame. Slight negative divergence of the %b indicator, which has left the oversold level.

The emini Dow is moving within an upward channel. The force index indicator is positive in the 30 minute time frame. Slight negative divergence of the %b indicator, which has left the oversold level.

The emini Dow is testing the upper trendline of the broadening formation.  The force index indicator is positive in the 60 minute time frame.  Slight negative divergence of the %b indicator.

UNG continues to print new lows and positive divergences of indicators.
Force Index still negative.  I have a long position and stick to it for the moment.