Chop , Chop , Chop , stay away from this market. Only short-term , prefer not trying to forecast this market.
It will be great trade , however we need more price action.
Very very interesting chart , can be traded to the Upside .
Some Important levels to decide direction. More price action needed as well
Example of an indecision in the markets. If you go long , you will be stopped. If you go short , you will be stopped. Best to stay away for now until market show you where's heading.
Nice rejections around Monthly/Weekly/Daily Support levels. If can sustain this momentum we can see higher prices
Looks like nice short , we will see this week , need more bearishness before getting short.
Nice Weekly level rejections , price is trading lower , if price breaks trendline , close lower and hold there we can anticipate lower prices.
No shorts until break of ascending trendline. Upside targets - 70 or above
Interesting chart , however it's early to say which direction is winner. I'm on my hands for now , anticipating something interesting to happen before decide whether to trade or not.
Market currently below very important levels , if can hold below this levels and show this with accuracy , we can get in short to ascending trednline as Target 1 or Monthly Support lower.