Piss Triangle and a Shit Rope. Yuck...

2018년 6월 17일

We have a possibility to break up or down soon. We are holding onto the stinky shit rope that is the 28 day moving average, (brown line) but our noses are right in front of the piss triangle (yellow lines). However, I see a bearish and bullish divergence conflict with the RSI and CMF. This doesn't make it an easy call for an epic novice like myself. On the Tom Demark sequential we seem to be reversing off of an 8, which isn't ideal for bullishness. We are also in a downtrend. Volume is also decreasing into the dirty piss pool below us while we desperately hold onto the greasy shit rope. If we break up now it will have to be at 6559, but my call is that we go down to the bottom of this urinary triangle and drop into the piss lake below. As always, I expect a break up to be temporary if it happens, so I am most likely not trading unless we continue to remain constipated, (consolidation action) long enough for the charts to tell me something more definitive or different. And as always, take my charts with a slimy, tepid grain of concentrated piss.