Choppy this weekend, up likely first and then one more lower into next week to flush longs, then a larger rally into mid -late July.
Kommentera:
30minute channel to watch. Break above is bullish. It may not make a lower low, but I'm expecting it.
Kommentera:
Target area reached, over and hold is bullish but if it rejects it may make that lower low as noted above.
Kommentera:
Reaction there, so that line is important to the market. Needs to get over and hold after futures open for it to stay bullish.
Kommentera:
Broke out above, any test of the upper line again (if it happens) should be a good long trade setup.
