As the pattern of lower highs and lower lows persists, sellers remain in control. The main objective for buyers is to end the daily one time framing down, which could potentially lead to short-covering.
Boss -- what if we do get a close this week above 4050.... will you really consider the ball being dropped by the bears or it won’t matter. Weekly report couple of weeks ago mentioned 4000 as the level which can be bought up again
Thanks Smash! May I ask what is the M period?
Thank you Smash!
Boss -- what if we do get a close this week above 4050.... will you really consider the ball being dropped by the bears or it won’t matter. Weekly report couple of weeks ago mentioned 4000 as the level which can be bought up again