closed as a lower doji candle with long 63c tail and 41c neck
this is a reversal candle
the long tail shows the lows were rejected and SHORT attack down there failed
still it closed lower than yesterday so TA is negative still
and the doji shows indecision but the long ends showed both sellers and buyers ran the floor again
MACD RSI both still red and going down but the momentum has slowed
attacks at 2000 were reversed and support showed up
NORGE & INSTOs look like dont want it sub 2000
if 1980/2040 is the interim low then thats another higher low formed on the annual chart above 1850 & 1440
I expect the see tmrw more short attacks on these lows 2000 area and then the capitulation run again
depends on US markets tonight & IOP of course.
SHORTS BURNING today.
MIN Price at posting:
$20.48 Sentiment: None Disclosure: Not Held
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