Maybe. . . can it rally? it's a bout 'buzz' and 'prodding'.
Black oval: is the completing stretch of this market. Notice how it is fit to the price extrema.
Purple oval: is the larger area, expected to contain the action of a robust week.
Green oval: is the expected, reasonable, area of volatility. The ideal return to robust trading.
Grey fan: is current slope. Matching the initial impulse rally.
Black oval: is the completing stretch of this market. Notice how it is fit to the price extrema.
Purple oval: is the larger area, expected to contain the action of a robust week.
Green oval: is the expected, reasonable, area of volatility. The ideal return to robust trading.
Grey fan: is current slope. Matching the initial impulse rally.
