Interesting ichimoku cloud formation on Daily. We have never since 2012 entered into the side of the inverted cloud as we are very near to now. We will probably hit the brick wall tonight or tomorrow night. I'd say tonight. If tomorrow, we may kick the side of the wall and go vertical upward. Be ready for movement. We are entering new territory if we hit the red line on that cloud.
It's decision time.. do we break out of this long term downtrend with a vengence or do we drop and continue the slow downward sideways trend?
It's decision time.. do we break out of this long term downtrend with a vengence or do we drop and continue the slow downward sideways trend?
