Still got a bearish bias that this will break down and not up as the recovery has been weak.
Wouldn't be too surprised to see us have a little scam wick up above that $39,300/61.8 region to trigger some possible stops before heading back down.
VPVR is quite interesting in this area though as it shows we've got sweet fuck all volume around that area which could work either way in the bulls or the bears.
Wouldn't be too surprised to see us have a little scam wick up above that $39,300/61.8 region to trigger some possible stops before heading back down.
VPVR is quite interesting in this area though as it shows we've got sweet fuck all volume around that area which could work either way in the bulls or the bears.