it would be great to find ourselves up above 42000 again soon. that may happen but it appears as first we may take the final leg down of the elliot wave correction completion that started with the head and shoulders top. horizontals are marked as targets.
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loosing this level would be bearish
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qqe has changed its 1 min bias
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this could be it for bears
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long target hit
Trade closed: target reached
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hit the .5 seems like theres chance of range tightening
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need a confirmed cross of this moving average to be really bullish
we also have not changed the daily trend with this hourly move up
we need this bottom wick to close in
maybe we get an inside bar daily that can trade bull
maybe we go for a retest of the lows
its all about dxy open
maybe we get an inside bar daily that can trade bull
maybe we go for a retest of the lows
its all about dxy open