Could someone please tell me what is the determining factor in APEXes switching from Green to red and from Red to green.
What prompts my question was trading the CL today - 9/8/14 while being in a Short Apex. I watched the red A- P -E (no “X” yet formed), disappear and become a fully formed Green APEX. This is a bit of a concern when in a trade.
Can you tell me what actually has to happen to reverse the trend and signal a long APEX in place of the short that was in place? If there are any visible warning signs that would help keep my head clear.
Thanks in advance, Rob:)