I just started watching this index a few days ago after one of our live room members brought it up, so I have zero understanding of it's personality. Now I know that may seem dumb to many of you but it's actually very important since different setups perform differently depending on the markets personality. (THAT'S WHY WE BACKTEST)
But last week we broke a pretty decent level of structure support & we were waiting for a retest of that previous support turned potential resistance to be used as a chance to hop on a bearish pullback trade to the downside.
After some consolidation, we've no put in a bearish Gartley pattern which can be used as an aggressive reason to enter the aforementioned pullback trade.
Akil
But last week we broke a pretty decent level of structure support & we were waiting for a retest of that previous support turned potential resistance to be used as a chance to hop on a bearish pullback trade to the downside.
After some consolidation, we've no put in a bearish Gartley pattern which can be used as an aggressive reason to enter the aforementioned pullback trade.
Akil
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