Daily chart taken 01/11/2017... good TA did not miss that potential 'bull flag' BO, at least to reach up to that Megaphone Line...
73 DAYS LATER... WE ARE HERE AGAIN !
cash RUT : lets go back to first chart of this thread, for ms. price is about to open the envelope to my question of BO or BD, now for BOTH local and blue megaphones.
yesterday's close seen past few days as payback to fulfill the local Orange Megafon...
the text book 5 count...
local megafon : today just a bit shy of touching the orange 'yonder' TL...
thread's Megaphone : closed right on the blue 'yonder' TL !
posting as classic textbook MEGAPHONE pattern play, anyone plays pattern/line trade please don't ask me to explain megaphone again, in fact you need to know basics of all the pattern-play before reading my posts, thank you.
ES and GS still rooting for BO bias...