It is almost 10.30pm and I realised I have not posted an update so here is a quick one.
Today's very small bar is indicative of bulls lending whatever support they can at lower levels. After 5 days of continuous decline a pullback is very much in order.
Whether this will lead to formation of a 'lower swing high' is something time will tell.
Intraday charts are bullish above 6200 F. In other words, crossing today's high should be bullish.
Today's very small bar is indicative of bulls lending whatever support they can at lower levels. After 5 days of continuous decline a pullback is very much in order.
Whether this will lead to formation of a 'lower swing high' is something time will tell.
Intraday charts are bullish above 6200 F. In other words, crossing today's high should be bullish.
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