June Milk forming bearish Bat

12 Mar 2017

June Milk is forming a bearish Bat. C leg completed. If Milk drops below 15.94 this will turn into a Cypher. Monday should setup what we have here. There is a gap left open from the fall that needs closing, and almost made in on Thursday. The previous setup was a Crab that could finalize itself as far a 14.92. We will know more on Monday.

13 Mar 2017

Not

Milk started the day low turning bat into Cypher. Looking for RSI to break downtrend before confirmation of uptrend. Small gap needs filling at 16.65