A coiled spring US500 BULL FLAG
240 Chart 200ma says it's time to come back. No chart on this time frame will move to far from this (and on daily you will see still 30points away from the 200ma )after the last few weeks run up you will need spectacular news to break and continue. From ATH to the low FIB 0.618 STILL IS NOT BROKEN and just a deep pull back
When we see Average true range making these lows too with this little price action be prepared for big move. Every parabolic move retraces at some point 50% of the move. We yet to see that on recent move from 13th October.
When we see Average true range making these lows too with this little price action be prepared for big move. Every parabolic move retraces at some point 50% of the move. We yet to see that on recent move from 13th October.
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