DislikedI still believe we have a date at the 79.00 retracement level, long term. As far as I´m concerned, nothing new under the sun, but a test and a pullback. Whether there would have have been any sonic r setups in any direction 15 min wise, Ill let you to decide. Regards, H.Ignored
As you say, "...nothing new under the sun." This could just be one of those magnificent pullbacks to the FR 24% level. A pullback to/thru an obvious SR area. Which would serve bear MMs quite well if they are looking to excite longs into the market, or hit pending long orders, or hit pending short SL orders. All of which helps get them off the long hook. How do you look at it, yes....a trip up to "supply". All those MMs burdened by their longs, have plenty of supply to dump up here!