Description
⋅ 101 Channel's analysis.
Comment
⋅ 3970 is getting close by, our first target.
Comment
⋅ Blue line target reached 3970.08 . Next target 4025 as of today, probably "In Progress" we just need to break out of the blue channel..
Comment
⋅ First time rejection from the Blue channel's upper line, is quite normal. With out bias with out emotion 101 price behavior.
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⋅ Our Blue wave channel , is becoming stronger 2 rejections so far !!!
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⋅ The Blue channel is 'Gaining" strength this would be our third time trying to break out from it.
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⋅ Still the Blue channel is in control, we need to break out of it for any further bullish moves.
Comment
⋅ Text book style .
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⋅ Second day below the channel's line is not good. We need to push today upward above the line. Click the play button for more data.