Bulls have established a higher low, and are trying to change the 4 hour and daily trends for the bulls.
Keep daily EMA resistance in mind as well, which is sitting just above price level resistance, and slightly dropping daily.
Nice defense by the bulls, the question is can they go on offense and get over daily EMA resistances.
A weekly higher low will be set if bulls can turn daily EMA levels into support.
Bears still have the upper hand, but nice to see the bulls at least putting up a fight!
ETF proposal is back on the table, Fidelity custodian services set for March, let's see if the bulls can make Spring interesting.
Keep daily EMA resistance in mind as well, which is sitting just above price level resistance, and slightly dropping daily.
Nice defense by the bulls, the question is can they go on offense and get over daily EMA resistances.
A weekly higher low will be set if bulls can turn daily EMA levels into support.
Bears still have the upper hand, but nice to see the bulls at least putting up a fight!
ETF proposal is back on the table, Fidelity custodian services set for March, let's see if the bulls can make Spring interesting.
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