Buyers stepped in at the expected level!
- Continuing from yesterday's sharing, price action did play out well
- Golden pocket / 407 (bottom of buy channel) responded well, of course also helped by Powell speech
- We are once again trying to break 417 (in TA world, 3rd try is key as if it breaks, it will, if not, then the rejection will be significant)
- Upside 420 to 430 looks possible if the squeeze/rally continues.
- Downside look out for bottom of channel (about 409 as we go forward)
@TigerStars @CaptainTiger @LMSunshine @melson @Deposit
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- YesMdm·02-08support at 408 appears strong. rebounded twice when bears tried to break below it..2Report
- mac0racle·02-08After Powell’s talk, market will rise1Report
- melson·02-08allez !2Report