US markets looking to move down into support :- Weekly 50% level.
As we saw in Australian markets today, any major move downwards this week and first reference would be the Weekly lows in both markets..
Markets are trading below December 50% levels, and we have seen price sell-offs in Australia and GBP.
I mentioned in the Weekly report that any break below support on Monday, needs to be confirmed with a 'hook' day back inside if there is going to be an UP-swing this week.
Support is vaild until it's broken.
No probability trades for me today
Posts
