My younger daughter is sick. Again not able to trade today.
In fact Thursday's price action was supposed to occur on Wednesday but was interrupted by the US holiday.
This was a reaction to the development in the longer term chart. Basically a bearish structural was broken, those late big hand shorts would have to cover.
Given the size of this broken bearish structure, it could take us to as high as 12680 in the coming weeks.
In fact Thursday's price action was supposed to occur on Wednesday but was interrupted by the US holiday.
This was a reaction to the development in the longer term chart. Basically a bearish structural was broken, those late big hand shorts would have to cover.
Given the size of this broken bearish structure, it could take us to as high as 12680 in the coming weeks.