Reversal Shows a Bullish Storm Emerging

It isn’t often when you get the SharePlanner Reversal Indicator line up perfectly, and I do mean perfectly with price action and that is what we are getting with today’s latest reading on the Weekly SPRI. 

Price is breaking out on the weekly chart right at the same time that the SPRI is getting a bullish reversal to the upside after weeks of consolidation near the highs. 

Check it out for yourself…

Here’s the SPRI.

 SharePlanner Reversal Indicator 5-2-13

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