Think I mentioned that the SP had spiked too far away from the 8ema with stronger upper wicks. And that there needed to be "coming together" of the two. Today was that day and it closed right on the 8ema. It's like a kiss and make up session!
So, does it bounce off to newer highs like in the first box or does it retrace down tagging the bollie median line? Tomorrow's session will be a great indication.
Cheers.
TA only, page-515
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