CRON has been in a tightening pattern for several months now, and is now getting extremely tight on the lower time frames. Although these tightening patterns usually are fairly neutral, personally I am leaning bullish, due to TSX:WEED recently breaking bullish from a very similar pattern. Zooming in on the Daily, there are more key levels of support and...
SPX has been in a clear pattern of lower highs and higher lows on the Weekly since the big bear break in early Feb, and a break of the pattern is expected soon. Since this pattern has played out for 3 months, I am expecting the break of this pattern to guide momentum for the rest of the year. A break of 2720(with volume) will indicate a bull break, and a break of...