Head High created from Yellen's Friday speech pop. Watching for break of neckline of Pink 200ema 4HR. OR Break of downtrend (yellow dotted line) may result in a bullish move to slightly above 115.
MA shows still bear, but price maybe breaking out of downwards channel. $114.18 resis /113.28 sup; follow breaks. $DXY $GLD $SLV
Bounce at .5 clone?, but long term channel indicates move to complete clone to below $50 ($45 support).
Must break Clone reference 2 (~43)
Looking for clone move to .5 (42) and 1 (46.87)
Looking for a touch of 200EMA 4hr if breakout $JNUG $JDST $NUGT $DUST $GDX $GDXJ $GLD
First candle print of a possible reversal/pop at channel bottom. $GDX $NUGT $DUST $JNUG $JDST
Top of Clone 2 was hit. Looking for a .5 (~2246) or full 1 retrace (~2214).
$DXY $GLD $GBPUSD $EURUSD
Test top with shooting stars, rejected. Intraday test of lower level and supported. So back up.
Possible large bounce back above 1200 in 2017. MAs still show bullishness. $GDX $GDXJ $NUGT $JNUG $JDST $DUST