WBAI 20.52 – bullish – Bases under the 22.37 2-month high WBAI rallied strongly from the 10.88 weekly low (August 24, 2015), following the falling wedge breakout, to reach a new 2-month high at 22.37 (October 12, 2015) before basing. The indicators on the daily timeframe are neutral, hinting for further basing. The 19.03/18.71 area (October 12/19, 2015 weekly...
WBAI expected to open at 23.50 which clears all recent and significant support. MANY profitable bearish traders, so wait for retest. Look for bearish break off of 10 or 20 ema after 30 minutes or so for entry.