DC Report: Bull Break Out Update!
Weekly + Monthly Chart
◘ Strong Bull break out above the wedge yesterday and today forms a new high of the month ◘ Yesterday above average volume break out closed high above the 20ema ◘ Today opened with a Bull break out high above the 20ema near resistance
◘ October is now a Bull hammer under the Monthly 20ema near 0.109 ◘ The weekly 20ema is near 0.071 ◘ Moving averages above may draw the market higher to find more Bears
◘ Bear scalpers may see a double top reversal is Bulls fail to rally
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