- trend is down on daily charts
- today, markets opened gap down but closed near day's high
- internals on hourly chart show inverted H&S pattern
- bullish implication meaning a rally to 8200 possible
- close above 8000 will lead to change in daily trend (see line chart)
Line chart
- today, markets opened gap down but closed near day's high
- internals on hourly chart show inverted H&S pattern
- bullish implication meaning a rally to 8200 possible
- close above 8000 will lead to change in daily trend (see line chart)
Line chart
No comments:
Post a Comment