CI - Possible Long Setup In Progress
CI looks to be setting up for a Bullish Breakout. ADX/DMI is positive. Watch the Choppiness indicator to start heading in a DOWNWARD direction. This indicates that CI is transitioning from choppy price action to a trending price action. The positive ADX/DMI indicates a bullish trend developing. Set a Buy Stop order at or near the $230 price level.
With a Bearish Market Trend in place, use Buy Stop Orders to buy as Uptrends develop.
Be Cautious...the market trend is negative.
With a Bearish Market Trend in place, use Buy Stop Orders to buy as Uptrends develop.
Be Cautious...the market trend is negative.
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