Argento, on 13 Feb 2014 - 11:04 AM, said:
1) Moving within a new bull channel..
2) Bullish weekly reversal candle in place...
3) Moving into a seasonally bullish time period...
Don't see any short signals from here...just enjoy the Green Express (waves)!
A
Ok, negative divergence starting to creep in on the 5H MACD so a top is not too far away, the 40750 futures level should be a good support zone and target for the coming drop next week...then the bulls should continue north (zig zag)...!
Bigger picture this whole January move was actually a return move of a huge bullish flag so still a lot of upside coming into April/May!
A