This is the anticipated structure (initially) that will be formed for the BULLISH Flag. One can never know what formation it can adapt to, never the less we have a starting point. Now its hit the key fib line, one would assume many buyers.
Bullish Divergence in the 15 min.
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It seems the CME Gap is making news. Hence a drop to 8700 to 8800 to fill this gap before bouncing back up.
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Observation: The rate of the climb looked GRINDING. If you compare previous breakouts, it took less time and more decisiveness. This is heading down.
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Very risk and difficult but with the bounce, I see this possibility now.