Time 1:30

Stock: PWRD

This 60 min. chart is an example of indicators that are out of sync. While it appears that a new buy signal has occurred, I think that this may be a false signal because we are not getting the synced up signal that implies an impulse move is upon us. This signal also has occurred while the markets are hitting new lows since we put the hedge on, which adds creadence to my desire for caution when viewing this signal.