| Hard to say how this turn date will end up with such a high green trading cycle, which signals a high to be established...lots of little red ones though. It could make a mad dash to the bearish reversal located at 81.60 but it's not calling out for a knee jerk low or high...or a spike low, it could put in a bar similar to the one established on the 1st. Still seem bullish here on the weekly level. I thought it was going to close over at least one of those bullish reversals last week...ended up not closing over any. He does call them reversals.
The Chart |