Nearly six months has passed and you've got your close above...

Nearly six months has passed and you've got your close above that darn ,026 resistance.



Now when we add bollie bands to it we can easily see that when the SP has spiked outside of that upper band it always comes back inside like a smack for bad behaviour. The other thing that must be pointed out is that whenever an SP breaks out of resistance, it often goes back to retest the breakout level which is .026. So don't be disappointed to see that happen as it's the next move which is the most important. Will the SP go back inside the range and this was a false break or will it test .026 and then bounce off higher with demand? I really hope for holders that the later scenario plays out.



Cheers