My fellow traders ... As many of u are aware that i have spoken...

My fellow traders ... As many of u are aware that i have spoken of a bump and run formation depicted on the ura chart..i now would like to smooth it out a little in its representation by using the line chart based on the weekly..It seems again that we r ever so closer in seeing some move play out...024 is of first significance as it represents light resistance..i am assuming we r now above that level..even though .023 might come into play this morning..The big one is the .029 level..this not only represents resistance...but also and more so a 3 year sloping downward resistance level..this is what i like to call the floodgate...a break above such level would bring the bump and run formation into play..
AS the subject "awaiting a catalyst" suggests..this might be needed for such a move to occur...