Confluence abound, expecting a bounce
-Daily 200 SMA/EMA
-Bottom of primary trend channel
-Fib 1.618 of lower Distribution (or Reaccumulation) phase
-2012-2013 triple top (previous bull market top if you discount the initial blow off top)
-Fib 1.272 extension of BC to AR Distribution (or Reaccumulation ) phase
-Supply zone at ~1800
-Lowest 4Hr RSI since Aug-2018 (Wyckoff spring and start of current bull market)
-Bottom of Fall season channel
-1800 nice round number
I'm expecting a bounce or a bottom here...
-Bottom of primary trend channel
-Fib 1.618 of lower Distribution (or Reaccumulation) phase
-2012-2013 triple top (previous bull market top if you discount the initial blow off top)
-Fib 1.272 extension of BC to AR Distribution (or Reaccumulation ) phase
-Supply zone at ~1800
-Lowest 4Hr RSI since Aug-2018 (Wyckoff spring and start of current bull market)
-Bottom of Fall season channel
-1800 nice round number
I'm expecting a bounce or a bottom here...
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