5 green days in a row. We haven't seen that in how long? That's how a handle should look right? Cmon bears get real, one small correction and everybody calls doom.
I'm still holding my long but would like to point some things out targets 325 and 388
We have hidden bull divs on the 4h chart as well as what I like to call my 4h corner strategy.
For every green box at the corner of the 4h cloud so far has shown to be the bottom, or close to the bottom. This only works in a very strong trend.
Thats where I try to look for entries. We have hit the 286 area multiple times, which is the .5 fib from recent leg up, also is in the corner of the 4h cloud (which correlates to the top of the green span on the daily.) It looks like the is finding some support there on the tenkan + kijun lines.
Plus the fact we are consolidating in the 275-298 range pretty and once we find a nice floor it should break 300 no problem.
Next big move coming within the next 24 hours if date and patterns continue which just so happens to be after settlement, the time to be short was 298.
But watch me get rekt, its gotta happen eventually.