Afternoon Update

Well this divergence held, we have a breakout and it looks like the measured move will be met. The chart below is 5 minutes, so as the price pattern suggested, it was used as an accumulation zone. This is what I mean by charting and T.A. being fractal, this same bottom would occur on a daily chart stretching out over 6 months or more. Look for more upside from here.

I might let this run a bit more, but I would also start looking into short set ups that I can sell short into strength.