I am seeing nice early signs of weakening in BULL trend. It may inch up abit higher but it is surely in a slow mo. Watch out 11600 level as it is very good support and if that level is broken, more BEARs will be in. Trade Safe, s0nic
long term very interesting though. there is some big price action ahead both up and down if current structure breaks. One to watch!
It appears to me that the Hagopian rule is about to play out and we are getting a chance to enter this trade with a very small stop. The Hagopian rule This rule is invoked once a confirmed pitchfork breaks without the price ever reaching the median line, what should follow is a bigger movement in the opposite direction.