Today’s session resulted in a multi-distribution trend day with six (!) sets of single prints, indicating very poor structure. The expectation is to see fills of that structure. The lack of it is a bullish indication.
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The market hit a 26-day low and sellers were unable to gain further downside traction. To reach the Weak Low of 4060, the market may attract strong sellers at higher prices.
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Awesome market analysis! And it’s unbelievable free! Highly respect 🫡 could you please let me know what trading software are you using and what market level 2 data are you using? Thanks 🙏
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The market hit a 26-day low and sellers were unable to gain further downside traction. To reach the Weak Low of 4060, the market may attract strong sellers at higher prices.