After I thought we would see a sell continuation off of the March FOMC level of 42,155, price continued bullish.
I am using Thursday and Friday's opening price as support for a pullback. 41,912-41,968
I am expecting Wednesday and Thursday to be profit taking, pullback days in an upward trending bias.
This monthly candle is expecting to close near the highs.
The peak formation low formed confirmed higher prices.
Friday, May 30th 500-700 tick Buying Opportunity
I am using Thursday and Friday's opening price as support for a pullback. 41,912-41,968
I am expecting Wednesday and Thursday to be profit taking, pullback days in an upward trending bias.
This monthly candle is expecting to close near the highs.
The peak formation low formed confirmed higher prices.
Friday, May 30th 500-700 tick Buying Opportunity
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.