RAC - Charts & Price Action, page-21028

Boffin is pretty much on to it but the chart I posted simply identifies that the short term downtrend may have ended and the SP has reversed into a more bullish TA set up.
Good TA is about identifying good entries but even better exits, the three circles on my posts were all easily identifiable exits signals by being long wicks too far outside of bollie bands.
By a combination of using an 8ema and the bollie median it has now signaled an entry. The only thing I won’t post is how far it will go as I don’t know and neither does anyone else. You take what the market will offer until the next exit signal.
Hope that’s understandable.

Cheers