Expanded view of consolidation areas that are similar to what we're experiencing currently. We saw one in mid-December that sparked the all time high push, then another within the bearish move, and now another at the beginning of what I believe to be a big bullish push. To add to that, the last time the weekly stochastic was so far oversold, we saw a massive push upwards.
Time will tell, but I think it's interesting that these consolidations are all quite close in price action and in duration.
I expect the big break to occur between 4/18 to 4/20.
Time will tell, but I think it's interesting that these consolidations are all quite close in price action and in duration.
I expect the big break to occur between 4/18 to 4/20.
