Friday's session resulted in an inside day, indicating short-term balance. The general guideline suggests going with the break of the inside day and observing for continuation (Acceptance) or lack thereof (Rejection).
Fantastic analysis as usual, especially in conjunction with the weekly 4480-4650 extremes. FOMC week could provide some more fuel or do significant damage.
A huge selling wall is blocking them.
Fantastic analysis as usual, especially in conjunction with the weekly 4480-4650 extremes. FOMC week could provide some more fuel or do significant damage.