IG figures -
recent high 4090 - 12 June
recent low 3747 - 24 June
50% is approx 3919.
We hit 3916 today so not too far off. I also have some more resistance around 3935 so will watch that level too.
I think we need to see a clear break of 3920/3935 and then maybe a retest of those levels to give more credence to the bullish case.
i buy you buy we buy., page-51
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