broke the latest downtrend, stuck in the box, see if it goes for it now
Either goes up or down from here :) might be a false break and then shoot back up? Thats my hope.
Might see a little support around the monthly pivot but should continue downward to low of 68xxx
Inverted Head and shoulders. hoping it will bounce back and break neckline.
Just a feeling. Everything is stalling out, matrix series getting pretty low. EMA holding as support, dxy at 99, maybe a little retrace in store?
The downtrend is gaining speed on the bottom indicator. Below my ema, just crossed/uncrossed the dutch lines signaling confirmation. Oil consensus is upwards after EIA tomorrow. Maybe the Saudis got price up that high to see the limits/resistances. Now, it consolidated and round two is in the works? Also, thinking their promises to re-fill supply might be...
Figuring the average length between heights on the line and the chart itself are around 24 days. once a cross happens, it shows a reverse in trend. with the line at 14 bars now, we should see an increase in the line, getting closer to the price of spy itself. Spy shows a downtrend starting on the bottom indicator. /shrugs, who knows. Going for it. Also, with...