Context:
we tested the "mean" of Major downchannel , and price somewhat got rejected , not to harsh as of now,
we only broke one demandline thus far so we have a lost some momentum, however any lower high and a break of the next demandline will get us back to @80300 any rejection hear and we can still speak of a strong market
signs of strenght:
rallie
indecision cleared to the upside
signs of weakness:
rejection of mean
we tested the "mean" of Major downchannel , and price somewhat got rejected , not to harsh as of now,
we only broke one demandline thus far so we have a lost some momentum, however any lower high and a break of the next demandline will get us back to @80300 any rejection hear and we can still speak of a strong market
signs of strenght:
rallie
indecision cleared to the upside
signs of weakness:
rejection of mean