careful, smart place to take bull profits/wake hedgey the bear
320
circle made from june-nov bottom has acted as strong support and resistance. we're there now. spiral made from same bottom has also been stronk - it's started deviating from circle so resistance is around 28.5 here, maybe a wick? or could just be following the circle
it could always break thru - trendlines are made to be broken and it's been such a strong move off the 200W MA aka bull market support band - and even if it rejects it doesn't spell doom necessarily, as long as that support holds. it's just the range as it's curling around. could also flirt at the top while alts have some fun.
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