The combined US indexes clearly broke out of the range decisively.
Bullish now.
So, by simple geometric projection, there is a potential 10% upside.
Caveat is that the MACD and VolDiv are both weakening slightly. So, might have a retest of the resistance turned support, before the next launch.
On the contrary, IF the resistance turned support is broken (down) then it would tell otherwise.
Watch for it...
Bullish now.
So, by simple geometric projection, there is a potential 10% upside.
Caveat is that the MACD and VolDiv are both weakening slightly. So, might have a retest of the resistance turned support, before the next launch.
On the contrary, IF the resistance turned support is broken (down) then it would tell otherwise.
Watch for it...
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