What i worry about is an overbought market with a/d problems desperately in need of a correction. Then we have a Hurst cycle trough (a big one... same as the one April coming due in mid July.. Thats why the July 13th chart was `concerning`
This opinion is not useful to me as a short term scalper, but it is germane as to whether or not the overall trend is up or down ( as it has been for most of April . ) .