As it can be inferred from the chart, the price has reached an important key level. From here, we will be closely monitoring the price and waiting for more confirmations before opening positions and aiming for the areas shown on the chart. If the price manages to break and re-test the local zone of interest, we will be looking for long positions. On the other hand, if the price manages to nicely reject the key area, we will be looking forward to opening Sell positions and aiming for downstairs!
Option A If you go onto Barchart the large spec commitment of traders hasn't been this short on dollar in long time this added in with other major news factors Inflation and so on But very interesting to see how it plays out theres more buyside liquidity in my eyes then sell currently and the market has a lot of people in on sells now so buyers can get in with large money