Some shake out occurred in the last hours just to remove very weak participants from the market. Note anyway that this market is still extremely weak: see current poor and weak GB high at round level 3200 and weak Tokyo low just above 31335 yesterday GB low. Note also that current GB action is occurring inside yesterday Gb session range: so we are in a balance environment again.
Finally note that the previous separate composite pocs has been unified at 3171 that is now the main poc of this zone.
Finally note that after the failure below last inside GB week lower extreme we are now above the opposite extreme (31905) of its range: meaning that this is an attempted breakout above weekly balance: monitor for continuation upside.
Finally note that the previous separate composite pocs has been unified at 3171 that is now the main poc of this zone.
Finally note that after the failure below last inside GB week lower extreme we are now above the opposite extreme (31905) of its range: meaning that this is an attempted breakout above weekly balance: monitor for continuation upside.
Ubi maior minor cessat