Everything Is Lined Up. 8250 Will Confirm Bulls In Charge.

2018년 4월 3일

As noted in prior charts, we were due for a turn up. MACD is turning. So is stochastic. TD indicator is now at a solid Green 1 and should close today intact. We are breaking through the lowest fib resistance as this chart indicates.

1 hour chart (not shown) shows an RSI divergence for more upside.

AND, we just passed a major Gann indicator of quite a few astronomical timing events yesterday, April 2, which looks to have started a large uptrend, doing so practically to the minute. Last Gann indicated the bottom was in February.

All of this is good but I still say we need to get past 8250 for Bulls to be in charge. Since the TD indicator is at at Green 1 and can run for 7-8 more daily candles (no guarantee), we should easily breach this (once again no guarantees)

Oh and my title was not a song today because my reference was too obscure.

“And I say ‘Hi how you doin’? Is it really me or you that you believe in?”

Hall and Oates
Is It A Star
Album “War Babies”

youtu.be/l1cSyBJvQ8I

Not one of their more well known pop songs, although played in concert from time to time. Nice groove though. Give it a listen