TradingView
001011001010001110110
Feb 27, 2016 10:57 AM

RBR formation on SP. @ RALLY BASE RALLY Long

S&P 500 index of US listed sharesFXCM

Description

RBR is a well known formation that only confirm the rally continuation on SP.Base moment is just another accumulation period and is important to observ the direction of the market after leaving the Base period.Other formations are DBD @ DROP BASE DROP , RBD @ RALLY BASE DROP and DBR@ DROP BASE RALLY.
Comments
SilentTrader1
Do you think 1928 would be tested before a rally?
001011001010001110110
I think we are just sitting on a strong level .
SharadKakkar
so like earlier u had stated 1920 is the massive buying base....
001011001010001110110
Exactly.
More