Loss of 17.25 ptsLong 2753.00 Initial stop 2736.00
just need to sustain the downslaught a bit longer, so far they are doing a good job, signals will change if they can brace it a lil longer. Down push is losing momentum, either controlled slide or range.
The market is consolidating btw 2840 - 2760.
Shorts are still in controls IMHO.
They wait for a target.
The consolidation is bearish as we can see.
Lower highs. Lower lows.
Guess the market is going to make a lower low.
Shorts will take profits. Buyer will be dominant.
Around 2680.
Simple range extension.
Fondly? You seem to have trouble with your reading comprehension all over, re: this post and the prior one you didn't respond to.
Get your facts straight, pal.
Loss of 4 pts.Long 2734.75 Initial stopo 2731.00
one possible scenario
View attachment 221737
edit: chart got cut off. That would be targeting 2735 or so