WELCOMED THE ARRIVAL OF THE NEW BULL MARKET (PART #1)
NEW HIGH FROM THE NEW LEG
Bulls can hold $1380/75 until the End of July 2019 and can conquer $1452 July 2019 High in the First Week Of August 2019, so that according to the Main Chart Approach above, prices have the potential to move up again until August 26, 2019 or September 9, 2019 (plus minus 1 week ).
If the above Time Approach is correct and prices move up until August 26, 2019 or September 9, 2019, then the Bears will likely come in those months to bring prices down again until November 2019 or December 2019. If this happens, then the Bulls must be able to maintain $1375/50 until the End Of December 2019 (better if it can close above $1375 High 2016).
WHY ?
Because in my technical view, the close price of the End Of 2019 should ideally be closed Above $1375 High 2016 Of Bear Market Wall to provide the validity that I'm in a Real Bull Market not in a Premature Bull Market.
ooOoo From The Desk Of NewBie ooOoo
Bulls can hold $1380/75 until the End of July 2019 and can conquer $1452 July 2019 High in the First Week Of August 2019, so that according to the Main Chart Approach above, prices have the potential to move up again until August 26, 2019 or September 9, 2019 (plus minus 1 week ).
If the above Time Approach is correct and prices move up until August 26, 2019 or September 9, 2019, then the Bears will likely come in those months to bring prices down again until November 2019 or December 2019. If this happens, then the Bulls must be able to maintain $1375/50 until the End Of December 2019 (better if it can close above $1375 High 2016).
WHY ?
Because in my technical view, the close price of the End Of 2019 should ideally be closed Above $1375 High 2016 Of Bear Market Wall to provide the validity that I'm in a Real Bull Market not in a Premature Bull Market.
ooOoo From The Desk Of NewBie ooOoo
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