the market's fake upside break, nosotros saw pregnant selling book force the marketplace below its Wed lows (bottom histogram). The rejection of that book portion at 999 was a overnice enjoin that nosotros were seeking value lower. I'm directly looking to meet if nosotros tin halt stabilize at the forenoon lows as well as uncovering buying interest, given the disclose of sector non-confirmations mentioned inward the recent tweet (follow here).
It's a overnice instance of how seeing where nosotros don't construct book as well as where nosotros produce tin halt provide useful clues equally to the short-term request as well as provide inward the market.
.
No comments:
Post a Comment