RE:RE:RE:RE:RE:RE:You No...Hard to describe some of the details, but the main thing is the lows need to keep over .22. If it violates .22, then back to waiting for a new signal. So far it looks good.
Next resistance appears at .27 - .275, then .29 & .32
With each step up of its range, it needs to remain above the previous support lvl to be deemed as being in an uptrend.
It could need some consolidation next week since this move up is raising RSI's close to overbought. I also monitor major trades to know if they hit the bid or ask.
If we have good volume during consolidation with more bull volume than bear, it strengthens the new support level, so bulls don't want to see any big spikes as they will get sold right back down.
Let's see what we close at.
Re: the market maker news, it makes no difference to me. over 70% of all trades are algo's anyway, so with more MM activity IMO TA becomes more accurate. When there's more retail, dumb money or news driven frenzies, TA isn't as revealing, so I welcome it along with the additional liquidity provided.
Moetown1 wrote: So what cancels a bull break or potential run. Stays higher then .24-.245/breaks .25
if it closed at .235 or lower then that's a lower high ?
What's your thoughts on the market maker news? Have you ever heard of a company doing that?