Last week market was in rotation between 33205-32500. No resolution between Bulls/Bears yet. Hopefully early week big operators will show their hand.
Possible scenarios considered are: 1) Market continue to be in rotation between 33205-32500 = Wait 2)32728 becomes support 3) 32728 becomes rejected and market return to test 30584-30926
Price reaction levels Short on Test and Reject | Long on Test and Accept
Weekly: Low vol down bar close off low = minor strength Daily: Ave vol down bar closing at low = minor weakness H4: Ave vol down bar closing level with previous UHV bar = minor strength
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