The current situation has a potential Indecision at hands wich could form between the Pink Supplyline and the
Blue Demandline with 900 beeing the Middlepoint.
However any successfull retest of 845 / the lows @800 are bullish and a rallie could start to test 1000 yet again
if 1000 holds again we could form a range between 1000 beeing resistance and 800 acting as support
any lower high towards 1000 could lead to indecsion as pointed out at the begining .
A break of the blue demandline aswell as a break of 845 / low 800 will lead to 740 or worse. we shall see
only look for trades at the extremes 1000 / 845ish / 740 if a indecision should form wait till it resovles itself eitherway
and keep an eye on the markets reaction to it as this could lead to a new momentum driven rally or decline..
Blue Demandline with 900 beeing the Middlepoint.
However any successfull retest of 845 / the lows @800 are bullish and a rallie could start to test 1000 yet again
if 1000 holds again we could form a range between 1000 beeing resistance and 800 acting as support
any lower high towards 1000 could lead to indecsion as pointed out at the begining .
A break of the blue demandline aswell as a break of 845 / low 800 will lead to 740 or worse. we shall see
only look for trades at the extremes 1000 / 845ish / 740 if a indecision should form wait till it resovles itself eitherway
and keep an eye on the markets reaction to it as this could lead to a new momentum driven rally or decline..