Interesting day yesterday.
All short term mm action imo.
The weekly has had its lower low than last weeks close as expected, the indicators are still headed down but the weekly chart has only just started so that will change as we go.
Hardly any volume for the last 4 bars and unable to draw out sellers when they retest the lows. All that has achieved so far is support holding.
The daily indicators have all turned up again & are looking ready to go againg so maybe the mm will test the market interest and try & mark up the price & see if there are any hidden sellers lurking above this area.
The next s/t resistance is 22 - 23 area then its pretty much a clear run back up to 27.
I would not want to be sitting out on the side waiting for a cheaper entry, when the run start,s it will be far to late.
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Open | High | Low | Value | Volume |
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