Amex Weekly Broke Out of From The Down Trend Line Taking Out Some Major Highs,
Now The Market Has Retraced and Created A Bullish Engulfing Candle Stick Formation With A Counter Trend Line Break.
On The Smaller Time Frame You Can See That The Market Have Retested The Weekly Candle Formation And Is Expected To Move Up Bullish,
If the Market Decides to Fall More I Will Look To Add To My Position At The Up trend Line If Necessary
- Weekly Low Price
- Weekly Bullish CSF
- Trend Line Break
- Weekly CTL Break
Now The Market Has Retraced and Created A Bullish Engulfing Candle Stick Formation With A Counter Trend Line Break.
On The Smaller Time Frame You Can See That The Market Have Retested The Weekly Candle Formation And Is Expected To Move Up Bullish,
If the Market Decides to Fall More I Will Look To Add To My Position At The Up trend Line If Necessary
- Weekly Low Price
- Weekly Bullish CSF
- Trend Line Break
- Weekly CTL Break
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