Wednesday, July 12, 2023 4:35:18 PM
Our highs and lows have been widening the trends both up and down and preventing the coil from its imminent sproing, and once we break out of either the Up or the Down trend, we will know which way it’s going to go lol and the volume will be the decisive factor. Until the volume picks up we’re going sideways with the closing price and our daily high and low really doesn’t matter until we break above or below the prior day’s trend lines.
So in other words, without volume there won’t be match up or down tomorrow,
But, JMO it’s a no-brainer that we will be breaking out to the up-side.
It was not long ago that we broke out of the steep downtrend and that is what has sent us sideways for the last few weeks, and now we just have to do it again to send us higher.
I hope that makes sense.
Follow the Technicals, or be Fundamentally too late to the Party.
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