Last week we see a Scenario1 Rotation followed by Scenario3. Market descended on strong volume, very nice short.
Possible scenarios considered are: 1) Market continue to be in rotation between 33205-32500 = Wait 2)32728 becomes support 3) 32728 becomes rejected and market return to test 30584-30926
Price reaction levels Short on Test and Reject | Long on Test and Accept
Weekly: Ave vol down bar close at low = Supply remains Daily: Ave vol down bar closing toward low = Supply remains H4: Ave vol down bar closing off low = some demand present
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