Once again,I'm posting a short term trading perspective which should be ignored by long termers who have no intention of trading the swings.....
Well,I got that retrace to 6.1 wrong....Now for my next trick....
Daily/Weekly resistance from last April (7.8-8.1) tested today...Now looking at a retrace to the 7.1/gapfill/breakout level from this morning...
But,geez,....Where's the vol?....Unbelievably tightly held at these levels considering 2.5 billion SOI...
Bodes well for holders IMO....Plenty of news forthcoming and not much selling likely til 10-12...IMO only...
Cheers all
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