RE: Why I am still D - NR7The direction we are coming from is very important here. Aside from the fundamentals...
Today NG put in a Crabel NR7 (narrowest range in seven). It's basically a pause, indecision waiting for some event to resolve direction. These are followed by a strong move and it typically continues in the direction we came from, ie continue to drop after the pause or continue to rise after the pause