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Today's Scenario:
Right after the breach of 30.90 prices reached 31.24 and retraced back down.There hasn't been a healthy pullback yet but it should occur sometime this week,maybe on Wednesday or by the end of the week.This bounce must find resistance in the 31.46-31.80.Initial support at 30.46-30.21 and then the 27.76-27.24 zone.
Happy Trading.
Right after the breach of 30.90 prices reached 31.24 and retraced back down.There hasn't been a healthy pullback yet but it should occur sometime this week,maybe on Wednesday or by the end of the week.This bounce must find resistance in the 31.46-31.80.Initial support at 30.46-30.21 and then the 27.76-27.24 zone.
Happy Trading.
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