It is now one way or the other IMO:

What I just noticed is that a stop in the rise in the current area may be justified by the following chart:



They may be waiting for all playing for the return move to the broken neckline to take their short positions...

aha! the broken necktie trick

Originally posted by jarek

What I just noticed is that a stop in the rise in the current area may be justified by the following chart:


They may be waiting for all playing for the return move to the broken neckline to take their short positions...

yup, and depending on time, right around the median line...

Originally posted by jimkane

Notice where an upper division line on that upsloping set would come in.

Maybe it can spend the whole day in that tight range?



After all price doesn't have to change every day

that's a good one

Originally posted by jarek

Maybe it can spend the whole day in that tight range?


After all price doesn't have to change every day

... and yet it does:



Apparently they had enough shorts already and started the operation of cutting off the oxygen

Now, if it doesn't look like a climaxing move to geometry, than what does?

once again, a picture from roofer is worth a thousand words

Such 5 green bars in a row are rare even in the best bull markets...