US moved upwards early in the day on Wednesday before being pushed back down and now consolidating around support..... What Price did was go a re-test Friday's breakout of the 3-day lows and then get pushed back down into support.The re-test of Fridays' breakout was what I was looking for to happen early this week before the next Move down......
I was expecting more weakness on Wednesday with the failure of the highs, and with 1 hour to go before the day closes this might still happen, but it looks like a flat close around the middle of range of the past 3 days.
Full Report later.....
Posts
