10:55 Monday:- Expectation that price would try and rotate down into support (22 point up move and rotates down 44 points)
Tuesday:- Expectation that price was rising higher into 6735( 22 point down move into gap and nearly makes 44 points upwards)
Wednesday:- Expectation price will remain below the 3-day lows, but also supported in a Up-trending market (22 point rotation up and then down)
But now take your pick on the direction for the rest of the day, an each way bet as it looks for a move towards a 44 point completion.
Tuesday:- Expectation that price was rising higher into 6735( 22 point down move into gap and nearly makes 44 points upwards)
Wednesday:- Expectation price will remain below the 3-day lows, but also supported in a Up-trending market (22 point rotation up and then down)
But now take your pick on the direction for the rest of the day, an each way bet as it looks for a move towards a 44 point completion.
E-mini currently supported and rising upwards from Weekly 50% level @ 1476 (full report later)
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