@wesheets, looks like a possible W formation now on the daily.
MrChd
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@wesheets, if we use candle closes instead of candle needles, price looks retested the triangle.
wesheets
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@MrChd, true. Looks like the 12H closed in the triangle. We'll see about the daily. Still think we won't get any major down move until after the monthly close today. Too important for the bulls.
wesheets
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@wesheets, looks like it turned out to be a fakeout. Bears didn't have enough to push it down so the probability of that lower high is pretty low at this point.