Bears have bulls pushed against major support at $9,950. This is not just visual support, but also the 0.619 fib level of the larger structure. A decisive break (daily open and close) below this area would be significant.
Bulls are still defending the 8 week EMA at the time of writing this.
In today’s video we’ll look at the macro and micro picture. We'll discuss where price may go from here, key areas to watch, I’ll answer your questions and so much more. I hope you find it helpful.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.
Workin
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