Hello Traders,
Points to consider on the CME Futures Chart,
- Price history in all the CME Futures Charts always have a tendency to fill gaps (Very common is stocks)
- These gaps don't necessarily need to be filled right away, but to a high degree in certainty, they do eventually
- The chart tells us that we do have two gaps that eventually will get filled
$8496 - $9053 and $7288 - $7579
- Another indicator to consider is the volume, it has tapered of which usually leads to a volatile move in the chart, could this be the local top? which leads to a price retracement to the golden fib lines?
What are your thoughts ?
Please leave a like and a comment :), a follow would be highly appreciated! :)
Points to consider on the CME Futures Chart,
- Price history in all the CME Futures Charts always have a tendency to fill gaps (Very common is stocks)
- These gaps don't necessarily need to be filled right away, but to a high degree in certainty, they do eventually
- The chart tells us that we do have two gaps that eventually will get filled
$8496 - $9053 and $7288 - $7579
- Another indicator to consider is the volume, it has tapered of which usually leads to a volatile move in the chart, could this be the local top? which leads to a price retracement to the golden fib lines?
What are your thoughts ?
Please leave a like and a comment :), a follow would be highly appreciated! :)
