Strong held bid appeared at 12985 just above the VPOC of the day. It is bullish.
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DislikedI think very few people are going to argue about the fact that DAX has changed its character after the big long liquidation bar occurred in the first hour of last Wed's London session. Yesterday's break has confirmed the range between 12935 to 13000 was merely a re-distribution range. In fact, there were some sign of strength appeared in that range and i was to believe that DAX is ready to break to the upside during yesterday's NY session. The technical setup was proven wrong -- large supply appeared out of no where after the Trump twit. That is...Ignored
DislikedMaybe options sellers (market makers) are just waiting and doing what it takes to maintan price @13000 up to 13h00, options settlement time, then, after such a long parking at VAH, I would expect a move to the downside, say back to today's POC 12794? {image}Ignored