Lack of Bull Volume is making the validity of this Rising Wedge all the more interesting.
We'll need to confirm above $7650 to invalidate this Rising Wedge.
Let's see what happens soon...more downside ?
Stay sharp :-)
We'll need to confirm above $7650 to invalidate this Rising Wedge.
Let's see what happens soon...more downside ?
Stay sharp :-)
Comment:
Bulls are definitely trying to protect the $7555 price-point in the short-term here.... $7555 could be the prelude to the Bears wrath. Bulls can feel it.
Bulls need to CONVINCINGLY get above $7730 now to lull the Bear back into short-term hibernation.
This is all my own opinion, I'm not a Guru :-)
Bulls need to CONVINCINGLY get above $7730 now to lull the Bear back into short-term hibernation.
This is all my own opinion, I'm not a Guru :-)
Comment:
Bulls need to protect $7590. That’s now outside the low-side of my Wedge.
Bulls need more volume. Just a few Bulls representing the Herd presently.
Bears starting to smell weakness...
Bulls need more volume. Just a few Bulls representing the Herd presently.
Bears starting to smell weakness...
Comment:
Bears feeding on Bull meat.
$100 move down from $7620 to $7522 in 30 mins
I think Bears are still very hungry...
$100 move down from $7620 to $7522 in 30 mins
I think Bears are still very hungry...
I'm ready to go Long or Short when the play is there :-)
Let's see....