I sit with suzanmb I should really be out now as my sell signal...

I sit with suzanmb

I should really be out now as my sell signal short term has been triggered .  I cant draw alot of positives with the chart other than a cross of the longer linear trends about to happen .  And its climbing the wall of worry .

I only have short framework for the methods im using to work and they simply dont work on alot stocks as the trading does not suit them .

In the gfc i was in reits where they could sit for months like this before breaking out . ie as they got debt under control refinancing capital raises  sell off of under performing assets etc  I wasnt into technical s then  but see very similar traits .

There is small rising obv which i dont follow alot but is negative which means its not being bought up as much as we would like quickly  Its flat to positive . Not being sold off heavily either .

The trix which is better suited to bottoms is a tripple smoothed average and sitting in whats supposed to be safe buying area . Although i find its better suited rising under the bias line to buy . Or at the cross of the bias line .Its had a cross there where you would begin going short or taking profits if inclined depending where you got in .

That forty day linear normally reacts a couple of trading days before the longer terms trix signals . You can see that in the crosses as its not smoothed and faster reacting . More of a leading indicator not trailing .The lines actually finish in the next days trading candle not on todays .

I will put up two charts you can get a better image of it with trix and obv