Quote from: gold1112 on September 18, 2018, 04:18:13 PM

The longer we go with out a lower low is a good thing is what Im getting at I guess.. and the lower high is only $7400, we can break that

I did see someone draw alot of positives from higher lowers, which is a rising base to the action. Its not a bad conclusion to form but also I think it needs confirmation before assuming we go upwards. Often situations take a while to develp pressure in either direction, this would relate to closing of short position and generally the market realising we are accumulating price positively.

Obviously the trend since 2017 has been negative generally. I drew in the line and as a trend it matches highs of about a year ago Sept 2017 but I imagine this is a thing over months hence I used weekly bars