The current , the green one, is iffy. The top portion that hit the former resistance just barely missed the minimum 1.13 extension, leaving me asking whether the 1.13 held prices or the solely the resistance.
With the outlook being , I suppose I could make the case it was a combination of them both, allowing me to enter long here, with the addition of an at the PRZ as well. spikes are eluding to this down move of this past session being heavily bought into. The break of the is a somewhat of a cautionary sign, as prices could have broken with the intention to cascade lower. The Divergence is barely valid, 27.7382 - 26.7671, an extremely narrow margin.