VMC analysis
points to be noted
1. Money flow coming in positive
2. Selling pressure colling off
3. Divergence in VMC and price action
Conclusion-
One more tick down till $17,600. A consolidation for 1-2 months and then we start another bull cycle
1. Money flow coming in positive
2. Selling pressure colling off
3. Divergence in VMC and price action
Conclusion-
One more tick down till $17,600. A consolidation for 1-2 months and then we start another bull cycle
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