Looking for a retest here and recovery of the range low. which would give confidence to our idea of the the spring phase here on the last sweep of the lows
We would expect to see strength coming off a successful retest, and price should move next to the last point of supply and toward the top of the range which would be your sign of strength.
Its still early here, but with the run on alt coins and other more risky speculative assets, i think that would itself be a sign of risk on and potential to see the same on smaller cap stocks.
Keeping an eye on this one. A return to riskier trading behavior would be indicative of confidence in the market as a whole and further validate our ideas of continuation on both
SPX
&
IXIC
We would expect to see strength coming off a successful retest, and price should move next to the last point of supply and toward the top of the range which would be your sign of strength.
Its still early here, but with the run on alt coins and other more risky speculative assets, i think that would itself be a sign of risk on and potential to see the same on smaller cap stocks.
Keeping an eye on this one. A return to riskier trading behavior would be indicative of confidence in the market as a whole and further validate our ideas of continuation on both
SPX
&
IXIC