If we can hold above 5200 after today’s big test and bounce on it, then there’s a really good chance the low is in.
Textbook 76 reversal.
Crash into the 76.
Wick out of the 76.
Form engulfing bars.Hold a 61 retest.
All of these steps have now happened with the 61 hold being pending (We have just bounced on it. We need to…
Keep reading with a 7-day free trial
Subscribe to Market Forecasts and Trade Plans to keep reading this post and get 7 days of free access to the full post archives.