Confirming a transition with TUT.
Calibration was performed as indicated on the chart. Signals appear opposite to those generated when TUT is positioned and optimized against the price line.
The analysis had previously been bearish on the price action, but had also been keen on interpreting future action as 'planing off', likely twisting around and between the two red resistance lines. The interpretation is embedded in the color of the lines and by the price line being between the two at the moment of this snapshot.
So, it's neutral, but it may be safe to wait volatility out until a clear signal of direction. Use with caution.
Calibration was performed as indicated on the chart. Signals appear opposite to those generated when TUT is positioned and optimized against the price line.
The analysis had previously been bearish on the price action, but had also been keen on interpreting future action as 'planing off', likely twisting around and between the two red resistance lines. The interpretation is embedded in the color of the lines and by the price line being between the two at the moment of this snapshot.
So, it's neutral, but it may be safe to wait volatility out until a clear signal of direction. Use with caution.