He said that the Pinch ( happening now on DGD ) usually results in a pop one way or the other. He also heavily used so I am toying with it. You can clearly see the last two prior pinches resulted in moves up. We have been compressing because of the downtrend line. All that energy has to go somewhere.
Might pop up here. Might pop down.
I am seeing the forming and a break up to next Fib level and though to next one for a tap and then to use passed fib level as support. Or moon shot to all time highs.
IF WE BREAK THE THAT HAS BEEN GOING UP SINCE THE ORIGINAL BOTTOM THEN RUN FOR THE HILLS AFTER A DAILY CLOSE UNDER!