TRIN Oscillator (Emini daily)
Quick post today. The Emini has dropped over 65 points this week and we have the first signs things might be slowing down.
The Better TRIN Oscillator has reached -95 and we have a bullish divergence warning signal. The Hilbert sine wave has also crossed on my primary swing trading time frame (135 minute).
Trend Not Over Yet (Emini 45 minute)
However, if we drop down a time frame to the 45 minute chart, the down trend has not finished yet. I’m waiting for an “end of trend” signal and high volume churn.
Good luck with your Emini trading.