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$hsi cfd had a gap up now closed and bids are in during late aussie session ..they'll drag up the post-cash sp200 cfd
another technical reason to bid the 5900 round number
https://www.tradingview.com/x/ZHVw4eZY/rotations are common at an inverted 127.2%
and we're there, in the cash the 61.8 5897 has held thus far slightly below the base of the upchannel
time for the sellers to put up or shut up...
price is establishing another zone, pricing still suggests to me we're headed higher about to confirm weekly>monthly rotation ^
honkers having a melt-up
xjo having a meh up .....selling every high you see ?
#covid #avian #neuroepidemiologyhttps://www.karger.com/Article/FullText/508654-------------------------------------------------------------...
in the above we hit a standard return/retrace low to high of 38.2% of the 3rd (of a 5 leg lift)
top read for those in the current (up)trend
hat tip @rvm
if the auction holds up today (and it should) it'll be a good sign deep pockets think a finished product is just enough to kick off ..... a um...
price hit the uptrend line and stopped selling .....that's wot ya call bullishif the line gets retested and fails that'll attract sell side...
nearterm, xauusd on a very clean set of sells
from Walter Murphy[ATTACH]
looking for the context
bids are keen to get a continuation of the upswing
squeezif youre short and uncomfortable it usually implies you've reached the limit of your knowledge but your memory tells you youre on the...
at the base of the channel bulls will work to hold this, slugfest
when price drives the way it has today it is best to treat it as unauthentic, the question is who best benefits from the drive, what is the set-up...
rotational upside target 5909 is met as a 1:1 swinglongs beware herehttps://www.tradingview.com/x/wZBJwFlq/
higher targets to go, not fully suggesting the retrace is complete, with the channel tested overnight bodes well for longs but not being precious...
inspecting the structure[ATTACH]= never trust a thrust applies, sellers look to sell strength