Closed below weekly open, bias has to be short here with potential for liquidity around the 9700/50 mark. So perhaps expecting a spike into that and continue down. However, any sign that we are simply absorbing the supply from that liquidity without any major rejection I will not be adding to my short and will consider flipping long. Staying neutral on bias for now seen as we are still on an upward trend. 9100 is a major level.
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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.