if /when eu is at above near 1678 I favor shorts.. I favor shorts until 1755.5 has a L close above, This week closed bullish. Next month closes next week. Month wise the same 1678 is important. Bears don't want the month to close above 1678. The week closed bullish as well as the day. That makes a test of 1678 likely. Even if it checks 1583 before. The week and day closing higher could place pa above 1678. But as long as the day does not close above 1756, and the month above 1684. the bears should remain active. More so if the month closes below 1670. Bears need to close below 1321 to make a run at 1163.
with a month close above 1684 and a day above 1756.. I swap to bullish toward 1.2.. w/o this, I prefer to favor shorts.
with a month close above 1684 and a day above 1756.. I swap to bullish toward 1.2.. w/o this, I prefer to favor shorts.
those who can, do. those who cant, talk about those who can