starting to see patterns of weakness
and distribution..... in general we have inched higher
but put in a higher high last week(2538)....and have failed to
retest....with a large rejection bar after rate decision....
as well as tried to retest the 25000 level and failed on friday
which leads me to
believe the setup for the pullback is in.
we see strength at near 2400 level....
but we see even more strength rejecting
consistently 2450.... if we are under 2450 by monday opening...
.EUro will probably pull all the back to...
. god knows what. not setting a target but 2230 would be nice.
and distribution..... in general we have inched higher
but put in a higher high last week(2538)....and have failed to
retest....with a large rejection bar after rate decision....
as well as tried to retest the 25000 level and failed on friday
which leads me to
believe the setup for the pullback is in.
we see strength at near 2400 level....
but we see even more strength rejecting
consistently 2450.... if we are under 2450 by monday opening...
.EUro will probably pull all the back to...
. god knows what. not setting a target but 2230 would be nice.
