If it can close above 4570 it will start a new TD Sequential bull count.
This is because TD Sequential looks at the close from 4 days past and two recent closes have been at about 4570.
Once it closes above that it will give justification that the current 9 count is done and it could start to rubber band back up.
I will also be watching for volume to dry up and stay dried which means the sellers are no longer actively pushing for another leg down.
This is because TD Sequential looks at the close from 4 days past and two recent closes have been at about 4570.
Once it closes above that it will give justification that the current 9 count is done and it could start to rubber band back up.
I will also be watching for volume to dry up and stay dried which means the sellers are no longer actively pushing for another leg down.
