Which brings us back to the original point: you don't base your decisions on a single indicator. The end.
I'm all ears.
Please post refined appraisal incorporating the "other indicators"
Personally, I'm a big fan of Chaikin's banana flow index. If the banana curves upwards, we're going up, if the banana curves downwards, we're going down. Very simple, very reliable (5 sigma).
Here's the current view:
