Thanx Jako for adding your feedback re SXY. Will now work back over mine and compare and reflect.
After thinking about your comments above, I realized that I did not give enough thought to the larger time frame, and "where price currently is in relation to the longer term trends".
...and looking at your chart I would not be surprised to see a further pullback to test that gap you highlighted in green, and then a major upside breakout....looks about 70% cooked to me...just needs a little more time for the players to do their thing perhaps.
Cheers
GF
PS Great to see all of the new faces popping by too. Welcome...
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