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S&P 500
5,221.42
(
-0.02%
)
US TECH 100
17,716.80
(
0.19%
)
Dow Jones
39,431.51
(
-0.21%
)
Brent Oil
83.21
(
-0.01%
)
Bitcoin
62,880.01
(
-0.04%
)
Post# of 19165
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chenzo11

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chenzo11

Re: georgie18 post# 16974

Wednesday, 01/25/2017 6:19:13 PM

Wednesday, January 25, 2017 6:19:13 PM

Post# of 19165
The bigger picture has the chart in an ascending triangle from the middle of November to now. The the triangle is pinching right now which means a break either way should come in the next week or so. Technically we need a break and close above .30 for us longs to be happy and start the next leg up. A close below .26 and we could drop down to .22

I expected more volume today so that's not a positive. I also watched a few 190k+ blocks drop on the bid. Considering how well the markets and the banks did today, I'm a little disappointed with today's action.

Cheers
Chenzo
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