Market Consolidation on the Rebound: Why the Next Three-Day Correction Could Spark a Major Rally
The past eighteen-day rally has brought us to a critical technical juncture. We're observing a bounce off the two-day line that has now reached what appears to be a potential short-term resistance—specifically the TD9 level. This proximity warrants careful attention to immediate price action over the coming trading sessions.
From a broader market perspective, pullbacks initiated from the three-day line or weekly line timeframes often precede substantial uptrends. The pattern is clear: major surges
The past eighteen-day rally has brought us to a critical technical juncture. We're observing a bounce off the two-day line that has now reached what appears to be a potential short-term resistance—specifically the TD9 level. This proximity warrants careful attention to immediate price action over the coming trading sessions.
From a broader market perspective, pullbacks initiated from the three-day line or weekly line timeframes often precede substantial uptrends. The pattern is clear: major surges