- Observe market behavior around MA(100)
- Correspondingly look at McClellan Index before and after trend change
- Observe market behavior
- Correspondingly look at RSI & PPO before and after trend change
- Before start of any major BULL rally, McClellan index has to move above EMA(59) and Market has to remain above MA(100)
- Before major trend change in Market, we can spot divergences in RSI and PPO with respect to Market
Based on this information what would you conclude!!!