Now the price is moving on the 8th bar which is the final bar of January 2018. This is a coloring lesson bar for me, where the colors to be given by the market on the 8th bar are most likely GREEN. This is just an approach, where I see that the previous bar (22.01.2018) has the potential to become an Up Leg (this date was estimate of January 2018 Low, if $1236 11.12.2017 Low failed).
The Bull should be able to maintain $1333/22 from Bear attacks, otherwise the colors on the 8th bar will turn to be red.
Would the coloring lesson on this week's bar get green and get good grades ...?
--ooOoo-- From The Desk Of NewBie --ooOoo--