With little to no other indicators made available for us to interpret this as a buying opportunity, I'd have to say this is a pretty weak chart that's preying on people's optimistic imagination. We need a report of building volume to solidify this trend, and instead, we are seeing just the opposite. Call me a loon, call me a pessimist or a bear...Fine by me. One of us is going to be right, and just before this thing breaks out or break down, it's going to continue narrowing to consolidate. That's about all that needs to be said here.
UnknownUnicorn1520987
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@thehoplite, Here as in the wild west. Came saw took. While you slow down we buy. Go think further...
tommix
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YEAH RIGHT. MIRACLE WILL HAPPEN FOR SOME UNKNOWN REASON.
The drawing accounts for 1/3 of what matters. The rest is in the mathematical background that supplies your indicators. Don't argue... grow. Get better from what I'm telling you because I've been to places you haven't, and I've lived a long time through things you've yet to feel. Just "Yes, sir" , and move forward. No one wants to break you down here.