JS Index Update 09/27 – A Day of Substantial Increase!
JS Index is designed to make your trading decision regarding Steem a walk in the park. Click on the link for more info what it is.
JS Index for 09/27/2016 13:00 UTC:
360.04
Steem price: 0.0009222 BTC/Steem or about $ 0.553
Past Values:
###JS Index for JS Index for 09/26/2016 15:00 UTC: 352.17
The chart above is for the period 08/01-09/27 of the JS Index and the price of Steem.
My Thoughts for today.
Those are just thoughts of mine. Do not take them as trading advice because they are not!!!
Not only we saw a sharp increase in the JS index but also if you look from 9/22 till 9/27 we see mostly flat index. This would normally be a buy signal (at least for the most aggressive traders). Unfortunately big chunk of the buying we see comes from one single account. The percent for @ hendrikdegrote is around 65% of all buys in the last 5 days or so. If you believe he/she will continue buying forever it is a time for you to buy as well. I personally will NOT start buying.
Previous post/values of the JS Index:
JS Index 09/26-09/23
Thanks for the advice.
Good point about @ hendrikdegrote I would feel better if a wider group were buying