Result for week of 06 Feb yielded 350pts in total from 2 trades. Market testing breakout area 12140-12271.
Possible scenarios: 1) Long on test and accept of breakout area 12140-12271 2) Short on test and reject of 12140-12271
Volume Analysis: Weekly = Ave vol down bar close toward low = minor weakness Daily: Ave vol down bar close in middle = minor weakness with demand H4 = UHV down bar close off low = demand coming in
Price reaction levels: Short on Test and Reject | Long on Test and Accept