US30- HIGH PROBABILITY OF CONTINUING WITH THE RALLY TO 17400 -17700
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i dislike this conjestion for too long a period.
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must be out of the area and heading upward by today
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clearing 17200 is critical at this stage
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sever reaction once it hits the top ML line at 17285. it should stay within 17000 for this rally to be intact
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this upward reaction is critical and be real for continuing the rally
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Now with this PF confirmed, now we are at HML zone. some distributions are expected
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waiting for it to break out of this zone, then towards 17800, or a breakdown here.
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17700 is the immediate target
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we are closing in to the down trendline at 17670, and clearing it is critical for this rally
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so we had broken out of the down trendline, And back testing atis zone. promising so far
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My best rally since 2 weeks ago posting, see the powers of PF
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critical to see the last push to 18050. as we are at the top HML of this up trend. Part profit taking time
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looks like nicely done with another 160 points to go . Is this a short term rally? Anyway my profit taking time, and see how it pulls back.
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looking at it, we are at the 2nd wave only. of cause we are expecting a pull-back , But non significant,
Overall still bullish
Overall still bullish
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Overall still bullish