GB opened with a substantial new gap upside. Tested Tokyo low, found nothing below it and start to retrace it. Now, if this situation will be preserved, meaning if the gap will remain in place, odds are in favor to a continuation upside in order to test the GB inside month high 33652.
But now consider also the fact that all the weaknesses are downside, so, in case of liquidation we could have a huge one. Consequently monitor carefully for continuation. Currently we got a poor high for GB.
Note that, in case of liquidation, a first target could be the old gap at 32785-32803, now triple pass one.
But now consider also the fact that all the weaknesses are downside, so, in case of liquidation we could have a huge one. Consequently monitor carefully for continuation. Currently we got a poor high for GB.
Note that, in case of liquidation, a first target could be the old gap at 32785-32803, now triple pass one.
Ubi maior minor cessat