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discovered a low for the correction as predicted as we hit the primary goal for the bounce at 3920/40 then the primary resistance at 4000/4020 (a excessive for the day right here yesterday). Sturdy resistance at 4030/50, however shorts want stops above 4080. A break larger is a good purchase sign initially concentrating on 4110/30, then 4210/30.
Shorts at 4030/50 goal 4000/3990, maybe so far as 3955/45.
trades sideways up to now this week as predicted to ease oversold situations however no purchase sign but. Beneficial properties might be seen as first resistance at 12000/100 (a excessive for the day precisely right here yesterday) however count on robust resistance at 12300/400. Shorts want stops above 12500 for a take a look at of robust resistance at 12700/800. Shorts want stops above 12950.
A break beneath 11500, nonetheless, targets 11300 & 11000, in all probability so far as a shopping for alternative at 10800/600. Longs want stops beneath 10400.
JUNE discovered a robust resistance at 32200/400 as anticipated. Shorts want stops above 32500. A break larger is a purchase sign concentrating on 32900/33000.
Shorts at robust resistance at 32200/400 goal 31850/800. A low for the day is feasible. Nevertheless, if we proceed decrease, search for 31600, maybe 31400.
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