DislikedONLY 23% RETRACE OF THIS MOVE FROM 163- 148 WILL BE AT 152.00.. G/J can retrace that much at least ..IMO..
Given 149.33 has to Hold..
OTHER WAY OF lOOKING AT IT IF... FROM 148.60 - 150.50 WAS WAVE 1.. THEN OUR TARGET is Definately 154.35- 155.00 By Friday Close.
Price is still above 14WMA..1 HR...Buying Dips..Ignored
now we have a double bottom bull div rsx and on the 6j we have a buying climax on daily with a bear div on rsx.
I think we may see some form of retrace even if only to 93. That would be just enough to take gj up into that 153.50 test and see what cooks form there
all indexes are up euro and us . I see no reason why asia indexes would not follow.
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