The market is moving into a consolidation range after a trend
Inside a larger channel, a minor triangle pattern is formed
** M pattern formed ending today => Possibility of the good down move
If on Monday market opens
Inside a larger channel, a minor triangle pattern is formed
** M pattern formed ending today => Possibility of the good down move
If on Monday market opens
- Gap up there will be a possible retest and break out upside
- near prev the last close there can still be a ranging market continuing
- Gap down there can be a good down move near to support zone
Comment:
Market Analysis for 1 Dec 20