2:30pm
5-day 50% level once again stalls the market @ 6544
Depending on what occurs in US markets tonight, but another weak pattern and expectation is to follow the market dynamics lower into the 5-day lows @ 6374, which goes close to matching the November 50% level rotation.
Last Thursday, the 5-day lows supported the market before selling off from the 50% level on Friday, and today the same pattern is occuring....
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