Support on the centerline. Bulls have a lot of work on reversal
1. Descending Channel centerline support.
2. 50% haircut in 6 weeks.
3. Market Profile depicts B shape W.
4. Market Profile 300min shows short covering.
5. Short position decreases.
6. No fundamental news for haircut.
7. Weekly Point of Control 43s. Should Oscillate to area
2. 50% haircut in 6 weeks.
3. Market Profile depicts B shape W.
4. Market Profile 300min shows short covering.
5. Short position decreases.
6. No fundamental news for haircut.
7. Weekly Point of Control 43s. Should Oscillate to area