If last nights chart didn't confuse you the bigger picture surely will.
We have the ema21 crossed below the ema50 which is bearish
BUT all else looks bullish in this range to me. I would like to see the ATR indicator roll over and break that uptrend showing volatility slowing down. You can't get any bullish climbing on emotion which is exactly what the ATR is showing us here.
IF that long term uptrend breaks this $hit could get real nasty. I predicted a bull market in January for later this year...I still believe this will be the case based on the volume at lows showing support and the overall bigger picture. We'll know soon enough how nuts I am.
