Today we tested the upper neckline. A little more volume. But we still couldn't push through and break that neckline. Baby steps? Or is this simply all the bulls can give us? Volume overall is still light. Weekly RSI still hovers at around 54. Although we've barely broken above our longstanding, 2.5 month downtrend channel, I am underwhelmed by these bulls thus far. Original statement still stands, I will not become a bullish unless I see a significant push above 11.8k (with volume) and followed by confirmation on the daily.
Peace.
considering what's happening right now, your words continue to ring true. I feel like to many out there are calling for this meteoric rise, when there are still signs of correction in play. Great call a few days ago, thanks for the reasonable voice in the midst of this.
YW. And thank you for the comment!