fundies logic says we shouldn't get above fed release level at 0945.. anyone who shorted near it at the 0938 high may have done ok so far.
besides 0945 being the release level for rate. its also the mid point from the 0802 low to 1086. i dare to say sure its a R.. but above it, its broken..
0930/33 Friday target reached. it never retraced to 0835 first.. so wouldn't be surprised to see a strong bull lurking.
on that chart 0910 may become support, strength unknown atm. its being tested as i type
besides 0945 being the release level for rate. its also the mid point from the 0802 low to 1086. i dare to say sure its a R.. but above it, its broken..
0930/33 Friday target reached. it never retraced to 0835 first.. so wouldn't be surprised to see a strong bull lurking.
on that chart 0910 may become support, strength unknown atm. its being tested as i type
Attached Image
those who can, do. those who cant, talk about those who can