Close above Moving Average Bull market below Bear market.
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I have two possibles scenario big picture.
Chart 1
First scenario chart 1
A - Market will visited 770-735
B - Don`t close below 735 mouth
C - Go higher again and begenning a new bull market or test the top of the range [ 900,950].
Chart 2
Secound scenario chart 2
A - Market close month below 735
B - We will see new lows between 600-550