TOTAL at Trend Resistance
Total almost hit 
1T today. Maybe one more attempt?
I do not see total overcoming the descending trendline at this time and closing a daily above 1T.
Perhaps another low to support between the $600-700B range to complete C and Accumulation Test/Spring before the next breakout and bull run.
Good Luck
1T today. Maybe one more attempt?I do not see total overcoming the descending trendline at this time and closing a daily above 1T.
Perhaps another low to support between the $600-700B range to complete C and Accumulation Test/Spring before the next breakout and bull run.
Good Luck
Note
On target for more descent
Note
Was that the SPRING? Once the test comes, if it doesn't break lower than that could confirm final stages of accumulation. We will seeNote
Is the TEST underway?
Note
RSI has BULLISH Divergence, SQUEEZE appears ready to cross bullish very soon.
I am watching 850B level to begin a higher high.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.