Daily close below the yellow TL. Shaded area will be of interest thru next 3 sessions remaing to the friday close.
Horizontal support at 2640. Light dotted blue line is the 11sma, converges with the TL.
For grins, throw one on the EJ and GY daily charts as well. GY is very intruiging as there has been a flat bottom for the last 3 daily closes on the 11sma except for today which broke and also closed well below a 138% extension which HAS been support... until today. Remember my chart reflects a 2100 GMT daily close. I'll refrain from saying "yen driven moves..." Ooops.
This is a squeeze play between the TL's. I'd like to break out either way before the close tomorrow. Don't care which altho I think I know. Static is boring.
Horizontal support at 2640. Light dotted blue line is the 11sma, converges with the TL.
For grins, throw one on the EJ and GY daily charts as well. GY is very intruiging as there has been a flat bottom for the last 3 daily closes on the 11sma except for today which broke and also closed well below a 138% extension which HAS been support... until today. Remember my chart reflects a 2100 GMT daily close. I'll refrain from saying "yen driven moves..." Ooops.
This is a squeeze play between the TL's. I'd like to break out either way before the close tomorrow. Don't care which altho I think I know. Static is boring.
Attached Image
FUBAR...