technical update, page-69

lol I love watching TA's going head to head - well one TA and Martis (no offence Martis but we both know you're not a TA, that doesn't mean you're not capable of making a dollar though).

My take on a few things just to add some confusion to the mix. Seven bar contraction inside a two bar break - the NR7 guys would be rubbing their hands in anticipation. Mitta as it's still isometric you have to favour the trend side.

Lovely base on this thing and volume remains supportive, it does have a new fib cycle starting in around three days and fib price to focus on is 29. High probability of that level being hit however if 29 fails to provide support from the end of this week I would expect selling pressure to increase. I don't have time to break down volume on something I won't trade but at a glance it looks ok, I would have liked a bit more early much just to show a bit more commitment.

line in the sand is 29/29.5 and time in the sand is around Thursday/Friday.

ww1