BIG BOY: Overall Trend Huge Uptrend for Several days. Market came up and tested and made an Engulfing Bullish Candlebreaking through the Long Term trend line. Next Day Market Made a Wicked Engulfing Bearish Candle, breaking back below the LT Trend Line.
Now: Current Market Conditions On the 4 hour chart, the market retested and was held below 32.8 PRZ based off of the Downward move. Confirmation 1 - Tweezer Tops: Formed on 4 Hr. Confirmation 2 - 4HR EMA{RED} UNDER SMA{BLUE} indicators, meaning sellers are in control of present market price action.