Tuesday session had a bouncy low identified by the large shadow on the low of the day session. Asia session is opening lower but showing evidence that buyers are present. We've seen a market correct on concerns not reality. This means I am skeptical of the market dropping out of bed with the big move to the downside. These levels are logical levels for buyers to return to this market and that is what I'm looking for in today's session.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.