4/23/13

Early 50CB break out long for the bulls followed by two more 50CBs above the 45 trend line.  The break (or maximum hold suggested) came around bar 40 and was followed by early afternoon indecision, as seen in the 2 bar doji at bar 44-45.

Price pulled back to level 3 50CB (approximate) and formed another after the bar 61 bear rejection.    Bar 61 also became the pivot for the next bull trend.