A decision has to be made soon preferably within this month, and the bears need to take advantage now or lose the opportunity if prices do make higher highs.
MT: DOWN
ST: UP
PA: UP
Monday, 17 August 2015
17 Aug 2015 - Sub Dividing
One can't help to feel that sub-dividing patterns like these makes it likely a corrective move. The question would be as to how far this corrective move started. Did it start in May, or maybe in July. The longer prices stay at this level the stronger the case for a support, and with that said we can see a possible push higher in a bullish way.
A decision has to be made soon preferably within this month, and the bears need to take advantage now or lose the opportunity if prices do make higher highs.
MT: DOWN
ST: UP
PA: UP
A decision has to be made soon preferably within this month, and the bears need to take advantage now or lose the opportunity if prices do make higher highs.
MT: DOWN
ST: UP
PA: UP
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