I have some older trend and formation notes on this chart as those did prove accurate. However, my readings of indicators suggest that we are in for a Flat neutral movement. I see no reason that any major uptrend will start anytime soon. If an uptrend does start, bet that it will be a slow progression and it will seem like one, however remember the LARGE neutral zone I have, yup... expect price action in this area, and take swift profits here. I'd expect more of a quick Fallout in price rather than a quick upswing into another bull run. Be careful. I'll start looking for some Quick Trick Trades and maybe post those, "maybe".
Recap, Uptrend/Neutral/Downtrend areas have been charted as color coded rectangular areas, I'm expecting price to be moving in the Neutral Area for a while, however the pressures of indicators, suggest a quick drop in price rather than an uptrend bull run.
Recap, Uptrend/Neutral/Downtrend areas have been charted as color coded rectangular areas, I'm expecting price to be moving in the Neutral Area for a while, however the pressures of indicators, suggest a quick drop in price rather than an uptrend bull run.