We are seeing a retest of the 50 day moving average here, as we expected last week, BEFORE the aggressive trap breakout we saw.
Now we can see if the Bulls are ready to make a stand and defend support, and get a real breakout to the upside. If not, 117.25 is the next level of support to watch.
tiny
tinymjs at gmail dot com
OK...what is driving this market? Doesn't matter the direction....what is it? Can't be investors...traders? Can't see a direction yet...can U?
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