All major 4 indexes are now under the Red TrapZone and The First retrace back into the TrapZone will be Key to see IF we start trending back down or not.
Retrace is starting right about now!
Retrace is starting right about now!
Nota
Still the Downtrend is intact, Look at the TrapZone Color. The markets did move far from the TrapZone so, a retrace is expected. Nasdaq has seen buying for the last few sessions and Now MES is also showing signs of buying. However Russel is lagging and so is DOW> I will keep an eye on the Volume analysis by Unusual Market Volume Detector, It seems Nasdaq is leading the bulls so will see if we get a Divergence on that for a possible slowdown in Buying!
Dagangan ditutup: sasaran tercapai
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