Weight to the upside should we achieve a break above 6985, expected a bit more of a selloff, but obviously we are not ready to hand any strength back to the bearish team just yet..
Retrace to 6450 +/- 50 and 1st upside target 6750+/-
Retrace to 6450 +/- 50 and 1st upside target 6750+/-
Trade active:
Well, that certainly escalated quickly, mince meat was made of 68-69.... a show of strength or merely a fat cat rolling over ? things need to cool down a little before anyone can get too excited about an incoming bullrun.
Regardless, we are looking for a follow through and to secure the next level being 7800-8000.... hate to to be a bear trapped in a short right now !!!
Regardless, we are looking for a follow through and to secure the next level being 7800-8000.... hate to to be a bear trapped in a short right now !!!