I think the next move will be away from the actual chart technicalities itself, being more dependant on the interest rate decision, and the tracking of the XJO/XMJ pivot.
It looks like the whole market is sitting on the fence, waiting to see what the 7600's bring.
If it holds, hang on for a melt up, but resistance is just so close, especially with the rapid rise of all of the indexes since early January, and much uncertainty with both Feds.
On the flip side, I can now finally enter and just sit back to ( hopefully) allow the new trend upwards, to develop...
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Price($) | Vol. | No. |
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