Scenario1 short last week was good. Market did not reach bottom of channel, temporary return of strength
Possible scenarios: 1) Channel resistance = short 2) Market rotation = trade at boundary of range 3) Behavior change senario 4) Trend continuation - channel boundary trades
Price reaction levels Short on Test and Reject | Long on Test and Accept
32563 31867 30406 29639 26212
Weekly: Ave volume down bar close in middle = indecisive Daily: Ave vol up bar close at high = minor strength H4: Ave vol up bar close off high = weakness
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