VPVR support & Fib retracement strategy
We have recently touched the bottom of the near term VPVR volume support box at 60300-60500 this level can support a volume rise to a FIB retracement of 62800. This is negated with significant volume sell pressure and a break below 60300. I see our follow on support level at 58000. Which I read as indicating a significant change in the strategic market trend, shifting from Bullish to an overall Bearish scenario.
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