The Nasdaq just rebounded from it's support level. There's is a small price to indicator divergence developing. Momentum is still looking health. Very curious how high the price is going to rebound. I would prefer the blue channel to remain in control.
Without a pullback / consultation phase, price would have to climb quiet fast to sustain momentum... which would rather exhibit are "crashy" price trajectory. No need to speculate. Let's observe.
Without a pullback / consultation phase, price would have to climb quiet fast to sustain momentum... which would rather exhibit are "crashy" price trajectory. No need to speculate. Let's observe.