yellow line must successful test and not reject (monday low)
Bear:
-normally this is a classic pennant break to the downside
-narrow range also high probability of break to the downside
-the 200 is close by
Bull:
-however a break is a break in either direction
-range expansion with quarter end, month end vs re-balancing / range
Bear:
-normally this is a classic pennant break to the downside
-narrow range also high probability of break to the downside
-the 200 is close by
Bull:
-however a break is a break in either direction
-range expansion with quarter end, month end vs re-balancing / range
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Bear view above seems stronger with pennant break, narrow range, qtr end games
Bear view above seems stronger with pennant break, narrow range, qtr end games
