Monday, July 02, 2018 12:05:00 PM
60minute did not get oversold...I'd rather it reach oversold and team UP with the oversold daily chart...
...60minute oversold may include a retest somewhere below 2700..now I really don't like that...but have to see what the market is going to do...
Price needs back above the 50day average...above 2715...so price above 2710 adds some comfort but not much...
60Minute may not be done with down...even though we have bounced/reversed 2700 level...more comfort above 2710 if you're a Bull...the test of 2717/2715 was not very bright...same as the test of 2700 wasn't very bright...but price goes to those prices again...it gets more interesting...
...60minute oversold may include a retest somewhere below 2700..now I really don't like that...but have to see what the market is going to do...
Price needs back above the 50day average...above 2715...so price above 2710 adds some comfort but not much...
60Minute may not be done with down...even though we have bounced/reversed 2700 level...more comfort above 2710 if you're a Bull...the test of 2717/2715 was not very bright...same as the test of 2700 wasn't very bright...but price goes to those prices again...it gets more interesting...
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