We see a golden cross about a month ago and recently the 9ema x the 50 sma, in addition to the 20 ema crossing the 50 sma.
With all the MAs in order and the ADX signalling a strong trend (38) we see a series of bullish pennants each breaking out to approximately the range of the "flag pole" , as they should. (5.77% .5.46%)
Looking for the pattern to continue with the current bullish pennant breaking out to approximately 2170 in the near term, which would be an all time high.
With all the MAs in order and the ADX signalling a strong trend (38) we see a series of bullish pennants each breaking out to approximately the range of the "flag pole" , as they should. (5.77% .5.46%)
Looking for the pattern to continue with the current bullish pennant breaking out to approximately 2170 in the near term, which would be an all time high.
