We are at a very important price point for continuation to the upside.
All emas have been tested and that completes the trade for phase 1.
Tomorrow we must push above the daily 20ema @ $11.87. If that happens, we go to the daily 50sma @ $14.31.
To confirm this reversal, we need to close above the .236 fib level @ $15.14 before we get excited.
If we do not break above $11.87, theres a chance we can turn back down and make lower lows. (under $10.18)
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$DJT
We are at a very important price point for continuation to the upside.
All emas have been tested and that completes the trade for phase 1.
Tomorrow we must push above the daily 20ema @ $11.87.
If that happens, we go to the daily 50sma @ $14.31.
To confirm this reversal, we need to close above the .236 fib level @ $15.14 before we get excited.
If we do not break above $11.87, theres a chance we can turn back down and make lower lows. (under $10.18)