9.9.24
Sorry for the messy charts folks.
This week ahead we have heavy data in the middle of the week which I believe may influence the direction of the charts just to give confidence to market players that interest rates will definately be cut.
Right now on both charts we have strong bearish momentum for the meantime on both charts.
Last week us30 did not create any new highs as that was one of my targets but ger40 mad new highs before it come right back down.
I'll be interested to see US30 reach 39,999.99 and GER40 reach 18,006.4. Till then if I see any bullish price charts my bias will change
This week ahead we have heavy data in the middle of the week which I believe may influence the direction of the charts just to give confidence to market players that interest rates will definately be cut.
Right now on both charts we have strong bearish momentum for the meantime on both charts.
Last week us30 did not create any new highs as that was one of my targets but ger40 mad new highs before it come right back down.
I'll be interested to see US30 reach 39,999.99 and GER40 reach 18,006.4. Till then if I see any bullish price charts my bias will change
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