After reaching a completed Sell Setup on November 5 there ensued a typical four price bar correction followed by a resumption of the uptrend. Right at the end of the year a TD Combo bar 13 was printed - a *possible* sell point. The cyan horizontal line at 1273.72 is the risk level associated with this sell point. How to use the risk level to cancel the pending Combo sell is up to each user. The aggressive way is to use a closing price above this level; and that has happened. A more conservative way (my personal preference) is to require a low to print above this point; this may occur this week. If it does we then wait for the next setup, sequential or combo signal to develop.
Bottom line: Price action on a weekly basis continues in a bullish position.
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