1M still bullish with hma sup @ 3799
1W on le' fix... pushing up despite next cycle in rotation bear .. watch for hma sup @ 3917/3908 to turn res
1D still bully on day 5 post bull x @ 3836 on jan 03 - but we're way off hma sups @ 3887 / 3828, and even the 200 @ 3846
The 4h:
Next cycle bear on hma and dmi, current pa looking bullish but already below hma rt @3966, buy pressure pointing up but no hh on di+ since 4h close @ 3877 on Dec 09. Technical Bear Div.
Pivs/Targets
upside within 1D atr @ 3982 / 3994 /4001
upside within 1W atr @ 4025 / 4029 / 4039/ 4042
downside targets 3949 / 3914 / 3903 ....anything below this, wkly rolls in to bear x with 1M sup @ 3799
Watch for makers getting positioned from the upside, sell strength till 4h cycles back up (post bear div resolution) and/or wkly gives you something to believe in....
copper dipped in gold, is still copper.
Appreciate the risk.
1W on le' fix... pushing up despite next cycle in rotation bear .. watch for hma sup @ 3917/3908 to turn res
1D still bully on day 5 post bull x @ 3836 on jan 03 - but we're way off hma sups @ 3887 / 3828, and even the 200 @ 3846
The 4h:
Next cycle bear on hma and dmi, current pa looking bullish but already below hma rt @3966, buy pressure pointing up but no hh on di+ since 4h close @ 3877 on Dec 09. Technical Bear Div.
Pivs/Targets
upside within 1D atr @ 3982 / 3994 /4001
upside within 1W atr @ 4025 / 4029 / 4039/ 4042
downside targets 3949 / 3914 / 3903 ....anything below this, wkly rolls in to bear x with 1M sup @ 3799
Watch for makers getting positioned from the upside, sell strength till 4h cycles back up (post bear div resolution) and/or wkly gives you something to believe in....
copper dipped in gold, is still copper.
Appreciate the risk.