why would this be the bottom if black trendline not tested.... perhaps creating a lower high?
Or actually created a higher low
20EMA support now
0.786 fib big bounce point at 7300
bull flag seems to be formed
...all these lead to short run bullishness (especially the G20 News)
Question.........where will we decided wether its a legit bull movement and were only going higher, or actually lower high, and retesting 6k (thatd feel extremely bearish)....according to wycoff, after one more of that move, Bull run shall commence
Or actually created a higher low
20EMA support now
0.786 fib big bounce point at 7300
bull flag seems to be formed
...all these lead to short run bullishness (especially the G20 News)
Question.........where will we decided wether its a legit bull movement and were only going higher, or actually lower high, and retesting 6k (thatd feel extremely bearish)....according to wycoff, after one more of that move, Bull run shall commence
Comment:
20 EMA on the 1 hr chart mind u