chart, page-21

"Presently we've had a nice bounce with the real body of Friday's High Wave candle sitting on the 62.00% Fib (4th black arrow). High wave candlesticks represent uncertainty & indecision, so the bulls & the bears have no real consensus on the direction at present. I like it that the 62.00% has come into play again. So I'll be looking for the confirmation on the direction of that uncertainty next week."



Stockrocker if you go through my posts you'll see that I often talk about standing behind the herd on breakouts. That's incase it's a false break.

The other main signal was the indecision in the breakout. Nice day trade, but no short term until the confirmation was given.