-RSI divergence indicated a weakening in the bearish decline
-Second challenge to the regional lows failed to establish a new low and formed a flat broad consolidation floor indicating possible momentum change
-Subsequent ascending triangle seems well formed
-TDI flags a buy on the 9th around 13400 with a stop loss at 13000
-Breakout toward the top should be imminent
-Second challenge to the regional lows failed to establish a new low and formed a flat broad consolidation floor indicating possible momentum change
-Subsequent ascending triangle seems well formed
-TDI flags a buy on the 9th around 13400 with a stop loss at 13000
-Breakout toward the top should be imminent
Comment:
I'm new - be gentle - trade safe - enjoy