I trade and make forecasts by using platform Volfix and check volumes there. And here I just want to share my view on the marker, so sorry for there is no volumes on my graphs.
For purchase — impulse in 1 week, 1 day — there is no sellers reaction on new historical high aacording to the over volumes in 1 week on 2597 — directed up volatility last week - there were no selleres inside the week — week was closed up
Complicates purchase — overimpulse volatility ( 1 week ) — there is no repositioning 2592 up neither on 60 min nor 15 min — POC of the last week was moved up to 2598 — fixing 2592 as a support on Thu was without volumes V and without strong volatility
Conclusion: keep growth till the seller will show his interest with volumes. The support to keep comfort growth - 2596. Getting lower 2592 will move market to 2584 to keep this level as a support. Fast reversal is unlikely at first we will see over rection to 2584 and next step - fixing 2600 as a resistance level.
Task of the week: realization of collected volumes during last two weeks with holding 2592 as a support (for easy long)
Positive scenario: slow directed growing volatility without big sellers volumes with achieving 2618-2622 Negative scenario: 2606-2608 as a resistance for the first part of the week without big volumes, first part of the week rotates in 2592-2606 with potential to keep growth with Wed getting higher than 2606 Cancel purchase: 2608 - huge selling volumes, volatility to 2590, fixing 2600 as a resistance and positionin it lower than 2584 in the second art of the week
Key: how easy will be kept long positions on Mon and how big will be sellers influence near the new historical high