Last week (2017.09.11) is the end of 231D + 42D Time Span or D Area and 427D Time Span or E Area and this week is the end of 77D Hidden Time Span.
Could the Bulls be able to conquer $1375 ?
Based on my view point, refers to the history of the chart, this week or the following weeks, at least the bull has a considerable probability value to conquer $1375 and move higher and Bull has a 3 : 1 probability value.
Why ?
Because the average of price movement within the 63D Time Span in Bear&Bull Market is seen rising, except in 2015.
A failures can only occur if a pattern such as a correction from $1375 July 2016 High to $1122 December 2016 Low (July 2016 High - December 2016 Low) occurs again, but if the numbering I provide is correct (1 = 1 = 1 is not equal to 3 ), where 1 is Yearly Low and $1205 July 2017 Low is properly recorded at the end of the 364D Time Span, then the Bull ideally can conquer $1375 July 2016 High and if $1375 can be conquered, then the high price chances are in the month of December 2017 (July 2017 Low - December 2017 High).
However, I will be waiting for FOMC results for this week with the first support at $1308.
--ooOoo-- From The Desk Of Newbie --ooOoo--
Could the Bulls be able to conquer $1375 ?
Based on my view point, refers to the history of the chart, this week or the following weeks, at least the bull has a considerable probability value to conquer $1375 and move higher and Bull has a 3 : 1 probability value.
Why ?
Because the average of price movement within the 63D Time Span in Bear&Bull Market is seen rising, except in 2015.
A failures can only occur if a pattern such as a correction from $1375 July 2016 High to $1122 December 2016 Low (July 2016 High - December 2016 Low) occurs again, but if the numbering I provide is correct (1 = 1 = 1 is not equal to 3 ), where 1 is Yearly Low and $1205 July 2017 Low is properly recorded at the end of the 364D Time Span, then the Bull ideally can conquer $1375 July 2016 High and if $1375 can be conquered, then the high price chances are in the month of December 2017 (July 2017 Low - December 2017 High).
However, I will be waiting for FOMC results for this week with the first support at $1308.
--ooOoo-- From The Desk Of Newbie --ooOoo--
