Posted 5/17/2023 09:43 (#10232478 - in reply to #10232450) Subject: RE: Monthly Hypothetical Bullish Reversals are triggered...
As long as May closes above 5642 that would signal the bounce is unfolding. You would then turn your attention to the next Bullish reversal at 686...this is on a monthly basis.
Yes on a weekly level you have a Bearish reversal that we need to close back above so as not to elect it located at 57650, that would signal a possible bounce is happening.