Hello Everyone,
We are now approaching month end and its going to be a interesting end. Yesterday bearish move changed the market quite a bit. The hope we had for the buyers have now all changed around and we see the bears right back in.
Today if price breaks down we can see it come to the next support 11513-11361, if this breaks then 11216- 11038 (Previous lows). For the buyers to come back in I will wait to see if we break 11838 for any hope. This area of 11838 must be broken for buyers to come back in
I have highlighted the bulls and the bears area. Try not to look for buys in the bear area and vice versa as you may get trapped.
We are now approaching month end and its going to be a interesting end. Yesterday bearish move changed the market quite a bit. The hope we had for the buyers have now all changed around and we see the bears right back in.
Today if price breaks down we can see it come to the next support 11513-11361, if this breaks then 11216- 11038 (Previous lows). For the buyers to come back in I will wait to see if we break 11838 for any hope. This area of 11838 must be broken for buyers to come back in
I have highlighted the bulls and the bears area. Try not to look for buys in the bear area and vice versa as you may get trapped.