The DBBs appear to be in a classic up(A), down (B) and up (C) pattern which prices just broke at point D. Also note the lack of volume on the stretch C -- the volume is much lower than we would like to have on a rally.
A.) Prices rose to the 50% Fibonacci area, but couldn't keep the momentum going any more. Also note
B.) The EMA picture. In a true rally, prices maintain their momentum above the EMAs. Yesterday -- after they had risen through the EMAs -- prices fell back, printing a strong negative bar on increased volume. Also note prices moved through all three EMAs - a bad technical development.
