Mojo Monday's
As of now nifty looks a tad fatigued out and no really oomph or volume to move us however the weekend should give it enough rest and come Monday it should start getting its mojo back ...
Range getting tighter
Golden cross on 4hr
Weekly 200 day at 10300 so we are trading around it.( IF we do flip this i recon the daily 200 day will be taken down as well )
Daily 200 day around 10650 so expect a nice reaction there and repeat of range getting tighter for a week before we take that down .
As of now i'd be concerned if we loose 10272, was hoping for a close around 10450 today however just above support 10355.10 would be lovely.
In my opinion the bears have given up and all the whales are just waiting to market dump their positions on us however not before we have some more adrenaline busting moves and new money coming in .
Have a wicked weekend people!
Range getting tighter
Golden cross on 4hr
Weekly 200 day at 10300 so we are trading around it.( IF we do flip this i recon the daily 200 day will be taken down as well )
Daily 200 day around 10650 so expect a nice reaction there and repeat of range getting tighter for a week before we take that down .
As of now i'd be concerned if we loose 10272, was hoping for a close around 10450 today however just above support 10355.10 would be lovely.
In my opinion the bears have given up and all the whales are just waiting to market dump their positions on us however not before we have some more adrenaline busting moves and new money coming in .
Have a wicked weekend people!
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