SIMPLE RANGE BOUND TRADE MFI BULLISH SQZMOM JUST STARTED TO TURN BULLISH VIXFIX COULD SIGNAL END OF CORRECTION ANYTIME NOW TARGETS 325 350 SL upon breach of current support at 285 (on EOD basis)
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Not the clearest of SL breaches, Feb gap also still remains unfilled. Let's see where we open tomorrow (and also close)
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Note/Disclaimer: This is a strictly technical view, not a fundamental one.
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Looks like the support is validated and rebound has begun. Nice.