Indications that support a long based strategy:
- Double bottom bouncing off of past months lows
- Rebounding from around the 0.786 retracement area
- Finishing up Elliots corrective wave pattern
- Making a responsive move back into the value area box
- Excessive supply is becoming overcome by responsive demand
- Double bottom bouncing off of past months lows
- Rebounding from around the 0.786 retracement area
- Finishing up Elliots corrective wave pattern
- Making a responsive move back into the value area box
- Excessive supply is becoming overcome by responsive demand