It failed the pitchfork break yesterday but if it can get over this 8k barrier and hold it's going to start looking bullish again. A break out of the pitchfork is a signal that the trend is changing (secondary trend turning back to bullish). The primary trend is still clearly up so it would be a good look to flip this secondary downtrend to up again. We are right at this high volume swing level and above the low of it but still under the close but it's trying as I type this.
Commentaire:
couple measurements I see based on current formations
