Hi Kris. Well i don't know what RRT is or SG.? Perhaps you can explain.? But i do know we have now 'Double Repo' on 4hr chart and nice H&S on 1 Hour chart. The Neckline is around 71.60 and market touched that today and is now Retracing back up to next Resistence level.Roger,
Brett, not really. Take a look very closely. Monthly is up, but the market stays flat instead of rallying, weekly SG - so down. Even assuming bullish scenario monthly fade weekly - I mean we can retrace to point of TP given by Roger, be still up on monthly and then start rallying up.
Another point is if we have there RRT formation which already reached POR. Personally I don't like playing RRT because there are a lot of mistakes to be assumed.