Whats up Traders -
We're at a major Pivot Point . . . this would be true utilizing several different TA methods, however, we are using the ABCD Pattern.
Not a 'perfect shape' but they rarely are. Be wary of getting long while in this 'pivot' area.
We are short with a stop loss about 2% above the top of the pivot area.
We're at a major Pivot Point . . . this would be true utilizing several different TA methods, however, we are using the ABCD Pattern.
Not a 'perfect shape' but they rarely are. Be wary of getting long while in this 'pivot' area.
We are short with a stop loss about 2% above the top of the pivot area.
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still in the pivot zone - looking for a breakdown or breakup.
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Pivot Power - Likely next week - we will find out a direction . . . . .
Look for a meltup or a breakdown out of the pivot zone
Look for a meltup or a breakdown out of the pivot zone
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Pivot UP UP UP
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Support at the pivot - after breaking upwards.
This is a good bull sign In Our Opinion
This is a good bull sign In Our Opinion