All Major US Indices Are Trending Up

As you can see we have Green TrapZone forming on all the four major market indices. We can expect a slight pullback and then a move back higher, AS LONG AS - we have Green TrapZOne Intact and moving higher.

Price may pull back into the TrapZone BEFORE moving higher to Trap Shorts. Keep an eye on the OBV trend for confirmation before trading size.

Cheers

Comment:

Lets see if this retrace turns out to change the TrapZone Color or not. I am hoping for strength to come back for an up more. Green TrapZone Still Intact. Russel is the one to keep an eye on for weakness.

Trade closed: target reached:

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