Finally having a break under 60k, and now what I am looking for a continuation of the downward move is a break under the 58k area on maintained supply. Which will make me consider that we are on a movement toward 55k-56k.
4hours
Daily
Weekly
This selling idea is ONLY valuable if we break under 58k, and would be updated if we do so.
4hours
Daily
Weekly
This selling idea is ONLY valuable if we break under 58k, and would be updated if we do so.
Comment:
Supply has been increasing on the last daily close, still waiting for a break under 58k, which how volume is right now still make me think about a break under 58k.
Comment:
Got some demand coming in but we still did not break our last LL, and there's still a important selling interest since yesterday daily did close showing demand absorption at 62.7k which now I would look for another test of the area to see the remaining demand