One step closer to seeing a fresh breakout, aiming1270-1300 trading band. A week of strong recovery from 1230’s scare, +21p for the week.However because of today’s toppish candle, it may take another week of dingdong before breakout.
Critical development weeks ahead as failure to break 70 will create double top formation or a bullish breakout targeting 1300-1330 year end.
Green zone, no trend, for intra-day play. Trend support is raised to 50 from 30.
No comments:
Post a Comment