Hi all,
I just thought I would share this chart and it's ideas.
It would seem that we are somewhat lazily forging a path upwards again.
There are many obstacles still in our way and so I recommend extra caution if you are trading this movement.
The only other thing to note is that there are still some gaps up near 11k in the soon to expire CME futures June contract.
So maybe this is just another one of those lazy and unnatural moments that awkwardly takes us up there without the standard volume or confirmations that we expect.
As always, this is not financial advice, just some thoughts :)
Stay safe and don't let your guard down.
I just thought I would share this chart and it's ideas.
It would seem that we are somewhat lazily forging a path upwards again.
There are many obstacles still in our way and so I recommend extra caution if you are trading this movement.
The only other thing to note is that there are still some gaps up near 11k in the soon to expire CME futures June contract.
So maybe this is just another one of those lazy and unnatural moments that awkwardly takes us up there without the standard volume or confirmations that we expect.
As always, this is not financial advice, just some thoughts :)
Stay safe and don't let your guard down.
Awaiting daily candle close.