Trend is still to the down side in the 1h time frame and up. In the 30min time frame there is a possible reversal. Interesting to see that we got a reaction off the previous gap back into yesterday's price action zone and into that previous supply and demand zone we had above the gap.
Futures are having difficulty holding t+2/settlement. If we can hold settlement it could trigger a relief rally, nonetheless, I think that gap is most likely to get filled over the next 2 weeks.
Futures are having difficulty holding t+2/settlement. If we can hold settlement it could trigger a relief rally, nonetheless, I think that gap is most likely to get filled over the next 2 weeks.
trader itcha