qlenium

qlenium Updated 

For the past three months the close of the market has held above the Yearly Open. If June closes below it, this will indicate bulls are weakening.

qlenium

1. Back at 2007/2008 Tops 2. At 2015 base formation support zone, broke lower support three times but bears failed to hold. 3. Break of falling wedge and failure to follow through may lead to bullish move. 4. Reached bearish 2.618 fib target. 5. After 6/19 plunge, Markets has been consolidating in tight range and hesitating to decline further - potential signs of...

qlenium

For the past 3 months the market has held above the Yearly Open. If the market by the end of June closes below the Yearly Open we will see further downside as the market retraces to deeper levels.