US markets have moved down on Thursday and back towards the 5-day 50% levels using the Previous Wednesday's 5-day high as a confirming 'sell'Keep in mind that Thursday is a DOWN day with a random length, that any support needs to be verified by today's close, and then Friday is traded upwards.
Full Report later:- Because on most occassions price will try and move towards the previous 3-day break due to the change of the 3-day cycle, often being a 2-day stall/reversal.
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