UJ:
With all the southbound carnage today, it would be refreshing to see something different. UJ held it's own very well throughout, and looks to be about to close the session above the open.
The M15 pic is a preliminary of a possible SonicR long trade. A FR is applied from last significant low to the high of the same run. PA then retraced to the 50%, and has since moved higher. Tp2 is about the distance of the monthly average for the daily range, above the current PA area (where it might open the new day).
The Daily pic shows a FR from last major low to high, with the past week being the retracement to the 38% level followed by a two day bounce.
With all the southbound carnage today, it would be refreshing to see something different. UJ held it's own very well throughout, and looks to be about to close the session above the open.
The M15 pic is a preliminary of a possible SonicR long trade. A FR is applied from last significant low to the high of the same run. PA then retraced to the 50%, and has since moved higher. Tp2 is about the distance of the monthly average for the daily range, above the current PA area (where it might open the new day).
The Daily pic shows a FR from last major low to high, with the past week being the retracement to the 38% level followed by a two day bounce.