| Or not to Zoom...that is the question. :)
So what does the Median Line experts think about retesting the median line?
I just thought this was interesting how the contract month didn't test the median line, being that it zoomed it...notice also how market made the low in Aug and never pulled back to it. Where as the red fork on the front month has. The contract month is still a reaction of that Aug low which would suggest that test of that low would be still possible. Not saying that it will...surprisingly this down move on the daily has not turned the momentum to neutral and is still in a bullish mode along with the short and long term trend with a bullish cycle strength in play still.
As always, your thoughts are welcome.
Sp!ke
![image host](https://images2.imgbox.com/04/63/31x1F3bV_o.png)
![image host](https://images2.imgbox.com/6c/04/HS4Noad0_o.png) |