This Daily chart is showing the following
- Sign of climax top activity over last 2 -3 weeks
- 1st signs of exhaustion gap, will be looking for 2nd
- Lowers volume on second rally, but still pushing for new highs
- Testing Upper Channel Line
- Filling a lower and upper channel line wedge
Thoughts
- Looking like we will see either a further rally or begging of down trend during next weeks markets
- RS Line is still pushing an upward trend - indicates towards further rally
*** Please feel free to comment with any suggestion or mistake on my part *** (I am a new investor)
- Sign of climax top activity over last 2 -3 weeks
- 1st signs of exhaustion gap, will be looking for 2nd
- Lowers volume on second rally, but still pushing for new highs
- Testing Upper Channel Line
- Filling a lower and upper channel line wedge
Thoughts
- Looking like we will see either a further rally or begging of down trend during next weeks markets
- RS Line is still pushing an upward trend - indicates towards further rally
*** Please feel free to comment with any suggestion or mistake on my part *** (I am a new investor)