I mentioned HTX yesterday and I took up a small pre-breakout position, ready to up the ante if a decent break on volume eventuates.
The chart below shows cycle lines, which arguably are quite subjective as you can draw the same chart with many interpretations of where to place the lines.
I usually look for cycles that are on or before a break up, for obvious reasons.
HTX has been pretty reliable at cycling, although the last event produced a short lived false break.
Maybe this one will be better.
I've also highlighted the rising Nielsen Smart Money / Demand indicators.
