And another one.
Simple chart as damn but we haven´t bother much your correction in US over the entire spring & summer as can be seen from the chart since we do not have no fancy drillings, refiners, silvers, dotcoms, commodoties or techs in here much – only real indursty which is boost with strong Asian export but also with extra-ordinary strong German economy.
However, same divergence in here is set but this is relative bullish pattern for my eyes, should see 7500 easily, potentially going for 7800.
86.2% however will make this park also or alternates but I don´t think this park much even for that instead taking out previous high and making new one.
However, that pattern is inverse HS and inverse HS tends to be sideways consolidation pattern, it is not as bullish as peoble generally think instead “landing” often back and making it more sideways, so I don´t think it´s too busy to run. Might take time before over 7500 is reached but will.
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