Breaking out on volume! Perfect position trade folks. Let's see...
Bullish! Trying to breakout above resistance. Weekly MA turning up. Watching closely...
Rejection at the mid channel without testing the upper channel is bad...Likely going much lower!
Longer term uptrend intact!
Support level In place forming a higher low. New uptrend forming...
Wouldn't be surprised for this to hit 315 before any significant pull back...
Buying needed to maintain upper trending channel...
Support needed to continue the upper trending channel!
Bears...Does this really look like a market that's about to crash?
Unless we can hold support...and breakout...