booboodoodoodada

booboodoodoodada

I expect the price to correct to 26510 or 38.2% Fibonacci retracement. The reason why it gets corrected because I notice in the Ichimoku indicator that the Tenkansen and Kijunsen are far separated. When that happened it will attempt to get closer for equilibrium. On top of that, the price deviates too high from the Kijunsen which also indicates inequlibrium which...

booboodoodoodada

I'd look for a buy position when the market closed the gap. When that happened, I will also look for the william %R to go cross -80 to above -80.

booboodoodoodada

Alligator's mouth is opening. Currently the price is floating between the lips and teeth which to expect a continuation of the trend (bullish). The stochastic is near the center and about to fold to the upside. The last day and last Friday's bullish impulse move will fail if the market stall/close below 61.8% Fibonacci retracement.