Bull Market posts, posts that support the Bull Case, page-908

The counter trend from the bulls so far :
(hourly ) Price still to break the upper band eventhough we are heading higher.
(daily ) After a engulfing bar the next two bars are breaking out of the prior range. The 20ma (magenta) still sloping down. Would like to see some sort of a consolidation preferably on top of the trading range below.
(weekly) Bollinger bands starting to converge (signs of consolidation?). A possible pivot low (a price bar with two higher lows on either side). Terminating the daily ?
(monthy) Long lower shadow finding support on a rising 10ma. Absorbing the selling ?

P.S: why use multi timeframes ? higher timeframes terminate the lower ones