We broke from our bull flag/cup and handle on the 4HR timeframe. Looking for a possible continuation into 15268-15300 zone as BULLS target. We had our pull back this morning during NY session to retest the flag breakout. If we do another retest and back into the downtrend, BEARS target is 14925-14970 gap. Powell speech is on at 2:30am EST 6/29. This may help with...
I am expecting more movement from Wednesday to Friday due to Powell speaking. Staying open minded to what may happen as we have been consolidating and getting tighter in range.
BULLS: 15264 as we hit this area multiple times, it is the double top of Jan/March 2022, and we can't seem to break over it now. We have a 3HR supply and 15M supply to break through. If...