:: actio-et-reactio ::
amg's market charts and blather
Balance is but a brief transition between extremes.
Content: amg
Basis: glish & bluerobot
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The typical move now would be to briefly retest the bisect area(~1051) before heading for the lower median line (~1043), where there is also The Gap. Having already tested the upper boundary twice before, the gap may well act as an air pocket sucking price clean out of the consolidation range.
For tomorrow, a move to 1045.75, which if broken strongly targets the yellow bisect, then the "trigger line" , otherwise mo' down.
In yesterday's 135m post I alluded to the grey fork "trigger line" (shown above) and how price sometimes meanders in the zone created between it and the adjacent median line. Here is another less confusing example of such price action.
Labels: bisects-forks-medianlines, chart-analysis
|
moon phases |
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows