the move overnight is up very strong and has lots of happiness at these higher levels. the major top at 2946 and 2990 are the very important levels and will help us know the major intention. The higher boundary has a stronger potential to break out today.
Will watch the red boundary and trade in the direction that zone breaks, and will be very picky if we stay in this zone. A impulsive move with a relax will provide a good entry point.
A pull back on the over night is also a possible long trade location.
Will watch the red boundary and trade in the direction that zone breaks, and will be very picky if we stay in this zone. A impulsive move with a relax will provide a good entry point.
A pull back on the over night is also a possible long trade location.
Trade active:
not sure what happened, was checking my notes and see that had teh bottom of the red zone at 2924 in my note book, I put the line on the chart to high, apologies