![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyEbBsTgwc_mL_ZxoLLAMm4ZqNdlWy09LVRgZPTgr4ntttMADPXSGk9bMaav9fM2U5JMqCMf354TDlTCGM94kvi4WFg7C0h6ICI7CzNZ9jpMT7xFYbAMPFru_Lj4g903PhBF8wjRX-d7E/s320/RRC.png)
RRC has been basing for about 22 weeks and is currently testing upper range. I call this phase the moment of truth. The bears and bulls will be rocking for position. Break out traders are on alert waiting to get long and short traders are getting nervous. This environment adds fuel to the fire. Back to the moment of truth, well bears task is simple bring it down and have everyone believe that resistance line will not be broke. The bulls simply need to scare more shorts. Then the longs pile on...
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