Thursday:- Early Selling pressure into the 5-day 50% level, support, and then continues with the Weekly Trend upwards, remaining above the December 50% levels.
Friday’s trading is simply going to be defined by the Weekly channel highs:- above and the Weekly trend continues, as it move towards premium contract expiry. (higher close Friday)
Below:- and Friday will probably close around the 5-day 50% level, before the next weekly trend begins next week.
Friday’s trading is simply going to be defined by the Weekly channel highs:- above and the Weekly trend continues, as it move towards premium contract expiry. (higher close Friday)
Below:- and Friday will probably close around the 5-day 50% level, before the next weekly trend begins next week.
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