The action is balanced long and looks to want to move higher as long as red zone bottom holds. down side has some very close targets so a move down could be just a peak below to see if there is any action so watch for buys around these areas if short.
The move above red high has more aggressive targets and looks to me to be where the bigger moves could come.
In the event we move down into Mondays range then I say the long side is done for a bit in a bigger picture.
The move above red high has more aggressive targets and looks to me to be where the bigger moves could come.
In the event we move down into Mondays range then I say the long side is done for a bit in a bigger picture.
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