Here's a simple way to tell shortterm tradable trend. Observe what happens AFTER price breaks 40EMA. Eg SGX 40EMA at 645. IF price hold above 645 for next 2-3 weeks, market has probably reversed.
I told my friends dont bother look at market until mid oct. Using principle of price symmetry, IF trend is to turn, market needs at least that amount of time to secure 40EMA.
