Ratio showing us something …or not?

well, we have a DAILY breakout above the channel that has been defining the ratio for pretty much all of 2021. is this a valid breakout or a gotcha? I’ll make an educated guess once we close this week out … looking for a WEEKLY close above the top of the channel w/ strength.

will be interesting to see what happens w/ the Palladium level ID’d on the post before this one … we are getting to a point where one of the PATTERNS will fail and that will give us a good idea of where we are …

fun times, hugh?

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART