I DONT KNOW. BUT I KNOW YESTERDAY ON THE D1 SCALE, IT CLOSED 4 PIPS ABOVE 100.00.
THATS GOTTA MEAN SOMETHING RIGHT?
EITHER WAY, IM LOOKING LONG ON THE FOR TARGET UP UP AND AWAY.
D1 NOTE THAT CURRENTLY IT IS AT A 61.8% LEVEL. HOWEVER, DUE TO THE CLOSE ABOVE 100.00 LAST TRADING DAY, IM NOT SURE WHETHER IS THE 61.8% EVEN VALID ANYMORE.
IMO. it is not easy to close just 4 pips above. Closing more than 4 is easy. But just 4 is not. Shows an existing clash between bulls and bears. That bulls won.