Emergence of Cypher Pattern?
Yesterday's rise hit 61.8% of the down from 10474 to 10246 at 10386. At 16:30 we saw high volume without huge movements which makes me think that we're about to come down this Tuesday (20/9) as a continuation of my idea published on Saturday (17/9). Should 10386 be broken then its first stop will be 10425.
This is just my view of things. Your constructive comments are more than welcome of course.
This is just my view of things. Your constructive comments are more than welcome of course.
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This pattern obviously didn't emerge. Under 10474 we're still bearish though...
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