G/M,
Rise up from yesterday's lo of 6434 has seen a trend high of 6745 so far today, the rise aided by reaction to Uk GDP yesterday and then the Bernanke comments later yesterday. A pullback from that current 6745 daily hi, so far to the 61.8% 6617-6745 / 23.6% 6340-6745 has seen some buy the dip demand at time of writing.
Current Daily/trend Hi has just touched the previous weekly swing hi zone leading to 6884 hi where more supply could be waiting if tested?
Event Risk: U.s GDP etc later.
G/L
Rise up from yesterday's lo of 6434 has seen a trend high of 6745 so far today, the rise aided by reaction to Uk GDP yesterday and then the Bernanke comments later yesterday. A pullback from that current 6745 daily hi, so far to the 61.8% 6617-6745 / 23.6% 6340-6745 has seen some buy the dip demand at time of writing.
Current Daily/trend Hi has just touched the previous weekly swing hi zone leading to 6884 hi where more supply could be waiting if tested?
Event Risk: U.s GDP etc later.
G/L
ex member