This is not a typical chart I post but something I'll keep an eye on for future development and my own curiosity. The main thing I want to note is the over shoot on figure 2 looks very similar to the overshoot on figure 3. If you noticed both are overshoots of previous lows/highs. The two horizontal blue lines represent the previous low and high.
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Very clear we need above 3400-3425 before I can be full on bull bias. Stimulus needs to be passed.
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As long price holds outside the purple range price will gravitate upward.