Not too shabby. We got another breakout day today with a move over 1173 while making a higher low. My 60-min Cycle chart definitively bottomed yesterday and now *all* of my secondary indicators have issued buys / confirmed the upmove.
So tomorrow (Friday) should be a follow through up day to confirm the breakout and uptrend. And in an ideal situation, we would like to see a green weekly candle, so a close above 1200. This would be a signal that this is a strong uptrend by not only strong daily candles up from the panic low, but a positive weekly candle (as a *potential* reversal hammer) and psychological close above 1200.
Let's see how well the 'script' and the 'performance' correlate tomorrow.
From E-T: Weekend Post – March 10, 2018
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There is a new post on my blog at this LINK. Cheers and enjoy the chart! E-T
6 years ago