Great work folks with the weekly and the 30m all looking bullish, here is my take.
First of all LRS is a EW wet dream, its been a while since I have seen a chart so pure in that regard ( blue horizontal lines ), the vertical red and green lines highlights DISTRIBUTION / ACCUMULATION periods and right at the end looks to be another accumulation period starting again, with the tweezer bottoms, hmm I wonder what @FlashPoint would say about my zig zag indicators picking out the waves like a plum ...
LRS is motive wave 1 up, sub wave 5 up, yet to be confirmed.........BULLISH
I hope you guys can follow the trail.
I
I have a feeling LRS has been follow the GLOBAL X like all the other players have been doing...but as you can see its tweezer bottom just like LRS
Promising signs for LRS next week.
Dow jones just solid as a rock........the macro is in LRS favour too.
I have only bought a small parcel, cause I wanted to wait for the macro and more confirmation that LRS is indeed in reversal land, one trick for newbies, always average up not down, much safer practice for money management.
IMO
DYOR
Not financial advice
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