So I guess what you're implying is either/or proposition. Either we go up or we go down. Well, that ain't too hard to figure out.
page 8432 of this journal smilin 's post, "if a market consolidates too long around support.the supp probably wont hold"
No prob. Momentum is slowly building to the upside as we break out of the triangle. Also keep in mind that TL should be used in conjunction with S/R.
Last Question of the day because I know i'm over my allotment. What indicator do you use to monitor momentum building? macd? or something else?