I think chain link marines are accumulating. I expect a rather strong snap into a 3rd impulsive wave if the rest of the markets move sideways.
Read more about the accumulation distribution indicator here: tradingview.com/support/solutions/43000501770-accumulation-distribution-adl/
Read more about the accumulation distribution indicator here: tradingview.com/support/solutions/43000501770-accumulation-distribution-adl/
Note
Still impressed by the accumulation. I suspect this could result in a more powerful impulsive move up, if the equity markets are bullish this week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.