The sentiment being portrayed by the powers that be right now is strong bullish, with 3000 & beyond levels being the narrative pushed, providing a psychological bullish narrative for the retail traders & a net bullish position. The markets, news events & sentiments are manipulated all the time for financial agendas, to provide the liquidity for the big players,...
Reviewing how the higher timeframe candles have closed as of the end of last week we can see that; Monthly = Bullish Weekly = Closed back into the range Daily - Formed bearish CISD This information suggests to me that the month overall may close bullish, but anticipating a further retracement. Based on this, the weekly FVG circa 2855 to 2817 is an attractive...