WOW. The degree of “chart-friendliness” in the market is so refreshing (even if it is bullish). I was watching the /RTY crumble away, and the moment it hit one of my lines it went ROARING HIGHER:
And I wondered, what on EARTH does that line represent? So I backed off, and yep, is the basis for the bullish pattern. How about that!
What a shame, too; things were looking nice and weak! Keep an eye on these lines, folks. They are vitally important.
