05-05-2016, 08:15 AM
Not sure where this is. Late yesterday we got the 1- 4 overlap - so could be nested now or it is in W3 of 5 up - whatcha think with the Cloud? Looking at the previous prictures, I would think we are now at the top of the hourly cloud (not yet broke out?) and over the cloud on the daily looking only at thin cloud moving forward for the next couple of weeks.
What worries me is I see bear warning signs
1) MACD and RSI bottoming?
2) pulled back to where it needed to in order to stay in potential bull count
What worries me is I see bear warning signs
1) MACD and RSI bottoming?
2) pulled back to where it needed to in order to stay in potential bull count