Elecon for short term bullishness. Chart self explanatory at different level. Elecon entered null volume territory which allows price to move up/down quickly around support and resistance areas. Expecting Elecon to consolidate between 1 and 1.23 fib levels before next leg up. it shouldn't loose 99.16 level.
Elecon at historic low levels but recently gained control of POC. It is currently entering volume null area with signs of bullishness. After this much drop, idea is to play for short term bounce to 38.2 level at which it might consolidate for next leg up.
