Short on reject of 32789 offered very good returns for those who were able to trade
during the US afternoon hours.
Ease of movement to the downside observed.
Possible scenarios:
1) Short on test and reject of 32789, possible target 31100
Volume Analysis:
Weekly: Ave vol down bar close toward low (non-trend changing)
Daily: Low vol E=R down bar (non-trend changing)
Price reaction levels
Short on Test and Reject | Long on Test and Accept
34689 32789
30513 28635
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Have a profitable week ahead.
