Market retreats to 20 period EMA after making new highs (for long positions)/lows (for shorts) with ADX (14period) >30 - Here it is 73! Some people use the 20 period SMA . Projection is a retest of the highs. Trailing stop. ***Failed grails tend to move (painfully) in the opposite direction. I repeat: Failed grails tend to move (painfully) in the opposite direction.
Setup invalid below MONTHLY EMA (purple line)... which is ~February lows