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JS Index Update 09/27 – A Day of Substantial Increase! by james-show

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· @james-show ·
$0.32
JS Index Update 09/27 – A Day of Substantial Increase!
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_[JS Index](https://steemit.com/steemit/@james-show/the-only-index-you-should-know-to-successfully-buy-and-sell-steem-introducing-the-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._
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# JS Index for 09/27/2016 13:00 UTC:
##     360.04
Steem price: 0.0009222 BTC/Steem or about $ 0.553
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Past Values:
###JS Index for JS Index for 09/26/2016 15:00 UTC: 352.17

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![Imgur](http://i.imgur.com/J9XVgxp.png)
The chart above is for the period 08/01-09/27 of  the JS Index and the price of Steem.
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My Thoughts for today.
_Those are just thoughts of mine. Do not take them as trading advice because they are not!!!_
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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. 
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Previous post/values of the JS Index:
[JS Index 09/26-09/23](https://steemit.com/jsindex/@james-show/js-index-update-09-26-js-index-values-for-09-26-09-23)
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#jsindex #trading #stats #steemit #money
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vote details (19)
@me-tarzan ·
Good point about @ hendrikdegrote  I  would feel better if a wider group were buying
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@steempowerwhale ·
Thanks for the advice.
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