Morning traders,
We're witnessing a potential bottom forming.
Key points:
1) We broke the local 2766 resistance, watch for this to become support.
2) the "big" resistance zone will be 2776, this will be the tell
3) Indicators all support potential bottom bounce here
4) BIG money flowing back into semi's - somebody knows something
As always if you find this info useful, please support me by hitting that like and follow button.
We're witnessing a potential bottom forming.
Key points:
1) We broke the local 2766 resistance, watch for this to become support.
2) the "big" resistance zone will be 2776, this will be the tell
3) Indicators all support potential bottom bounce here
4) BIG money flowing back into semi's - somebody knows something
As always if you find this info useful, please support me by hitting that like and follow button.
Comment:
If this area breaks re-test of low is in order - currently resisted @ mid bb on hourly ES1
Order cancelled:
Looks like the bottom isnt in, would expect a gap down to 2740 on Monday if we close below 2754
Comment:
2752~55 new resistance
Comment:
If we close green today, safe to say short term bottom is in.
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Twitter: twitter.com/Jedi_ant
Twitter: twitter.com/Jedi_ant
