Weekly Model, looks much more promosing having printed a long/bull regime and remaining bullish running into this current weeks closing price.
As you will notice, since June our weekly bear regime prints have been far more dominant and remained in trend for much longer.
Let's spice up this chart with some additional analysis shall we. Levels of interest identified leveraging both Dealing Range Theory (DRT) and PDarrays (Premium/Discount. You can see where both buyside and sellside were swept, leading to a reaction and reversal before chasing opposing liquidity, for example Turtle Soup
We are right back to trading within extreme discount of this monthly range right now.
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