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Re: Lincoln72 post# 7427

Monday, 09/19/2016 4:17:08 PM

Monday, September 19, 2016 4:17:08 PM

Post# of 11618
You're right. There are two. One is nested mostly inside the other and the target you pointed out is also touching the top line of the primary pennant. We broke out of the secondary pennant on Friday. Plus... the bollies are starting to yawn and that's another bullish indicator. On the other hand - long tails like the one today are rarely violated but when they are, that's good so let's hope we can pop out over today's tail. Signs of a bit over bought. Overall, I'd say the table is as set as it can get for good news later.

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