Pre-market, Wednesday, July 7, 2021
Good morning traders!
Here is the recap of the market:
After a failure in prices, market recovered and got to the ATH that we previously saw. Volume profile is a getting a little messy in this area, showing how the market has no preference for any price at all in this area, but, as we keep accepting higher prices, my guess will be that the market is still lokking for higher highs. At this point, unless the market decides it is okay to fail again, I will like to see the market balancing in what was the previous VA before keepin its way up. I'll cal long from here.
Here is the recap of the market:
After a failure in prices, market recovered and got to the ATH that we previously saw. Volume profile is a getting a little messy in this area, showing how the market has no preference for any price at all in this area, but, as we keep accepting higher prices, my guess will be that the market is still lokking for higher highs. At this point, unless the market decides it is okay to fail again, I will like to see the market balancing in what was the previous VA before keepin its way up. I'll cal long from here.
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