Strong deviation from the yellow line indicates an overall bullish market.
A pullback to the yellow line is needed one more time (the yellow line acts like a magnet).
-Could go up in the short-term, future clouds indicate continuation of uptrend (still an overall strong bullish market - current state is above the clouds), but it has to make the trip back to that yellow line at least one more time.
A pullback to the yellow line is needed one more time (the yellow line acts like a magnet).
-Could go up in the short-term, future clouds indicate continuation of uptrend (still an overall strong bullish market - current state is above the clouds), but it has to make the trip back to that yellow line at least one more time.