New reports from the US Commodity Futures Trading Commission show the overall market is up 3%, confirming the overall strength of the stock market.
📌 In line with the current CoT reports, the buying outperformance increased by 1%, indicating a likely continuation of the upside during the new trading week as well.
A 1% increase in investors' locked positions suggests a likely flattening of the asset's price corridor during the new trading week.
In case of an additional test of the balance of the day (4313.2), we expect an impulse rise to the market maker's loss (4377.3).
💡 On breakdown and consolidation above 4377.3 price point, we expect a subsequent rise to hedge resistance zone (4400.0).
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