Similar environment and underlying structure to bonds just recently posted.
1. Volume spike on recent high
2. Failed breakout above previous high - bull trap
3. Divergence on slow line of 3/10 oscillator
Interesting to see how this plays out.
1. Volume spike on recent high
2. Failed breakout above previous high - bull trap
3. Divergence on slow line of 3/10 oscillator
Interesting to see how this plays out.
Commento:
Not considered a failure yet. See what happens over the next day or two.