RE:Quick Charts "If we are able to set a hourly higher low and then an hourly higher high, It would be a bullish indicator that we are heading into the resistances direction.
If we cannot and it's a "fakeout" It will be a bearish indicator."
Nooby - you are starting to talk like a seasoned analyst....a possibility for either direction! (Jesting here - keep reading analysts reports and you will see the trend emerge.)
I personally agree the trend is up so that is my take away.
GLTA