so far it is interesting.375 is a significant juncture on the...

so far it is interesting

.375 is a significant juncture on the charts..

selling today has built from the few weak days..
and seemed to be in anticpation of a break below .375
and a fear of an exhaustion of the buyers

get out before .37 is hit seemed to be what the action today esp is suggesting..

So strange that that selling stopped at that point
......

charts are flashing weakness and sell signals
yet none of that is confirmed.. and buying re emerging
would turn the this into a bear trap.....

how much wiggle room should We have here..
charts since the climatic low .285 suggest a fair bit..
( An for context it was from that point I have been buying )

under .375 there should have been a reasonable number of stops..unless they have all run already ( sold higher or on the sidelines ,, traders I mean )

Keep perspective , what is your time frame
what is the right time frame to see what is going on..

strength from this point.. would be very real I think

A good close today would be very positive
and maybe setup a start to next week...

All is flux....and only tomorrow really knows


motorway