Here we have a clear zoom through the centerline.
As of the rules from Andrews, we can expect a pullback to it with a further continuation to the downside.
Keep in mind that the two grey lines are a potential support...I would not ignore this.
Waiting for a pullback and see what's going on.
As of the rules from Andrews, we can expect a pullback to it with a further continuation to the downside.
Keep in mind that the two grey lines are a potential support...I would not ignore this.
Waiting for a pullback and see what's going on.
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...and the drag continues - what a burden this must be for the long-bugs.
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L-MLH is target:
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Target L-MLH reached.
Now a pullback to the upside.
Now a pullback to the upside.
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So far kind of a texbook reversal at the L-MLH...
Happy 2017!
Happy 2017!
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Run Forest run! :)
Here we are at the critical level of support from the prior highs.
If we manage to close below the lower horizontal support line, then I see price down at the L-MLH, around 1140 or lower.