Mystery Chart (02-04-2020)
February 4, 2020
Here's this week's chart.
What I see is a bearish to bullish reversal that's in progress. Prices have shifted to a sideways trend and are now trying to figure out their next directional move. Given momentum is in a bullish range and prices keep bumping up against former support, my inclination is to look for a resolution higher.
Click on chart to enlarge view.
A break above former support would get me long, but what do you think?
Tweet me @BruniCharting or email bruni@allstarcharts.com and check back on Thursday to find out why this chart is relevant.
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