July, Northbound
These several are representative varieties. From the current form, the daily cycle has already formed a bullish trend;
This bullish signal is different from the one on June 10th;
1: The height of the upward breakout above the life line is higher than that on the 10th;
2: It has held above the life line for a long time;
If the market is in a bearish trend (or a false bullish signal), the above two characteristics will not appear, and it is not just one variety that has this structure;
Therefore, for the next period of time, it is highly likely to be dominated by bullish thinking;
Since these varieties have just broken through the daily life line resistance, in most cases there will be a pullback confirmation action;
This pullback will not be too deep;