Friday, June 15, 2018 2:59:53 PM
*&^%edit...Nothing to it...LOL...just the intraday cycle that I preach...and I wanted a better position to short from... 2780 was my first pick...the reaction on these trade wars was just that...a re-action...NOW...?...is it a bounce and then 2760 fails...?...
Its a bounce if price doesn't move above 2790...
For now price isn't done with UP at 2780 unless some new NEWS shows itself.
Daily...10day average 2772.50//2770 is the game...pivot...Bears need to do better then today's nothing day...
Daily bias is DOWN ...BEST TRADES ARE TRADES WITH THE DAILY BIAS...CCI20 indicates= POINTS DOWN...THERE'S A BEARISH TILT THAT HAPPENED. The only way to change that Bearish Bias is for price to push CCI 20 back into overbought level=above +100 CCI 20 signal line...
Its a bounce if price doesn't move above 2790...
For now price isn't done with UP at 2780 unless some new NEWS shows itself.
Daily...10day average 2772.50//2770 is the game...pivot...Bears need to do better then today's nothing day...
Daily bias is DOWN ...BEST TRADES ARE TRADES WITH THE DAILY BIAS...CCI20 indicates= POINTS DOWN...THERE'S A BEARISH TILT THAT HAPPENED. The only way to change that Bearish Bias is for price to push CCI 20 back into overbought level=above +100 CCI 20 signal line...
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