This rally has been driven by 240 min up cycle since Feb 4th.
The Cycle Trader Indicator has just detected signs of topping.
The indicator printed a new cyclical resistance on 240 min chart at 4,603.
Bulls may try to test it tomorrow. Failure at that resistance would confirm completion of an up cycle and start of a new down cycle.
The Cycle Trader Indicator has just detected signs of topping.
The indicator printed a new cyclical resistance on 240 min chart at 4,603.
Bulls may try to test it tomorrow. Failure at that resistance would confirm completion of an up cycle and start of a new down cycle.