Around the Weekly highs random resistance and short-term pullbacks within the 5-day pattern in a rising trend (Weekly Report)
We had the same pattern as last week and a 2-day pullback
Last week after the 2-day reversal prices rose upwards, 3rd day UP move.
Trade on the side of the 5-day 50% levels (green dotted)"
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S&P Weekly and 5-day pattern
US markets followed the same pattern as last week.....
3rd day UP move from the 5-day 50% levels, and will probably continue towards the 5-day highs on Thursday.
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