Price flirts with its extremes while the press holds firm. A hard bounce squares up with the backside of the balance line. Price enters discovery as a new dance of action-reaction begins. Sell under it. Buy above it.
Where oh where might I find some support? Looking at forgotten lines that might give some clues, as price find's its rhythm and now that it's more than half-way to its mountain base and has zoomed the press. Its first bounce is off the centerline of the Modified Schiff. Does this mark the first of minor pullbacks as the market contracts to new lows? I mark the...