Chart for ChartGuys member NightCommando Monthly and weekly uptrend. Anything over 6.38 is a weekly higher low and will maintain the weekly uptrend. Declining bear volume on weekly. I'd be watching the daily inside bar to see if it breaks bearish for continued weekly consolidation. Bulls would like to see the weekly 12ema hold and form a higher low compared to...
Shift from higher lows and higher highs, then a shift to a lower high and a lower low breaking the neckline of support Break of 6451 is a clear bear break losing the 4hr higher low pattern If we can hold 6451 that is a good sign for an inside bar bull break on the daily