IVZ - Chart, page-201

Will be interesting to see how to plays out today but just off the cuff you can see price is already adhering to the 23c-38c range and not the larger one you mentioned would be my guess.

See how it's sitting on the 38.2fib retrace. Could argue that's due to the neckline support I mentioned but either way a bit of confluence. So based on that I would be looking more closely at where the support levels are within that range based on recent peaks.

But based on recent PA I don't expect that gap from yesterday to close as temping as it is to read it that way since the FA and flow is too strong atm.



MK.