Helyi, my take is that the market obviously loved whatever was announced and that the TA will take a few sessions to catch up, re-settle and begin printing smooth data again. It’s why I didn’t add much commentary as it’s one of those times where you can put aside the charting for a few sessions.
However, as you would know that bollingers don’t like candles being printed outside of the boundaries so next week there will be a “return to safe-house” but while there’s a re-rate going on, just let it happen I reckon.
I say as early as next week as yesterdays candle displayed a strong retrace from high of day indicating that there was profit taking and not surprisingly many cashing in.
I’d be expecting a strong start to next week followed by cooling down. That’s not being negative at all but just how these things play out. IMO.
Cheers.
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