Compared to yesterday's session, today's daily PPMs look to show signs of stabilisation in the upcoming week.
Although PPM2 still looks good for the bears, PPM1 is looking to turn up after some stabilization of momentum.
This lines up with the weekly algos showing next week having some positive momentum. However things still look like more work needs to be done for price to resume it's upward path. The forward projection is currently still showing a top forming.
Although PPM2 still looks good for the bears, PPM1 is looking to turn up after some stabilization of momentum.
This lines up with the weekly algos showing next week having some positive momentum. However things still look like more work needs to be done for price to resume it's upward path. The forward projection is currently still showing a top forming.