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123tom

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123tom

Re: RedShoulder post# 327024

Monday, 08/23/2021 5:21:08 PM

Monday, August 23, 2021 5:21:08 PM

Post# of 463454
A nice rally day.

Maybe some added bullish bias is the fact that the latest downwave did not retest the 17.50 but held the 18.00 and 18.50 and then jumped today
through a few resistance steps. IF the pattern makes higher highs and higher lows. I'm looking for the 19 area to hold and upward steps to try and reach 20.50-21.50//22 area. Its all resistance up there in the 'cloud zone'
Good news can bust the technical picture,but otherwise the patterns have been technical.

resistance cloud target zone
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