Good morning traders. I did took long yesterday @ 12404, since i belive US market is about to set new HIGHS, a move which will take few days off course.
A-B setup is some what Bearish, so we might see a retest of yesterday lows. the other way will be testing S1 @12470 .
look @ early setup - mark in circle - we might see this forming.
So dont just jump in. wait to see where the wind blows.
BUT REMMBER - we are expecting a NEW ALL TIME HIGH in us. so daxi will party also.
A-B setup is some what Bearish, so we might see a retest of yesterday lows. the other way will be testing S1 @12470 .
look @ early setup - mark in circle - we might see this forming.
So dont just jump in. wait to see where the wind blows.
BUT REMMBER - we are expecting a NEW ALL TIME HIGH in us. so daxi will party also.
Comment:
Well - S1 as we said was good short place ...