hmm Encore - I agree the t/a has been looking horrendous, but...

hmm Encore - I agree the t/a has been looking horrendous, but today is defying the trend. I thought that VBA was pretty faithful to the t/a indicators until I looked back a bit further - take a look at previous breakouts/ trend reversals - normally at points where you would expect collapse. I'm not overly convinced that we will be seeing mid 25s any time soon.