CNX SMALLCAP INDEX - VCP PATTERN OBSERVEDCNX SMALLCAP 7666
Volatility contraction pattern seen.
Looking for a move towards 7780.
A move above 7800 could be very positive as it would be crossing 200 day MA.
Time to go long on small cap scrips that pass the trend template and that exhibit patterns (VCP, Cup & Handle, W, Pole and flag, etc).