Market Going UP

١٩ أغسطس

We have been doing a cup and handle pattern for a long time...

The RSP shows you what the general market is doing unweighted and less distorted.

We have been experiencing much downfalls in the previous weeks in the BIG STOCKS,
but the rest of the market was not impacted...

This means...

Someone painted the market red... while buying the whole market...

Volume also seems to confirm more bullish bias than bearish bias.

١٩ أغسطس

ملاحظة

In addition, according to Jesse Livermore, this is also a bullish outlook.

١٩ أغسطس

ملاحظة

١٩ أغسطس

ملاحظة

I also wrote in an old educational post that LONG needs a runway so the plane can take off...

It is clear that the market built a runway...
So now it is time to take off...