Yesterday: Nothing new was visible but the hangover from day before made us meet our short target.
Today: We have a decent pullback of around 23% from the top met on 12th and 18th and can be just the trigger we need for a good south side move. Below 37000, the road to 34000 looks like a highway. On the 'long side' with RSI taking resisting multiple times around the 50-55 mark is potentially good news.
So; Long side view: Buy above 38075 Target 1 - 38220 TSL above this Target 2 - 38370 Target 3 - 38585 (Long SL - 37940) --------------- Short side view: Sell below 37440 Target 1 - 37265 TSL below this Target 2 zone 37050 - 37000 (Short SL - 37600)
*** This is a view and not necessarily a trade recommendation *** However, If you like my idea..., hit like, follow me, and do spread the word.