morning,
overnight move looks really weak, unsupported by any volume what so ever.
looks like a short raid in my honest opinion - before continuation to the downside.
we need to break above 51972.93 to invalidate this bearish idea.
push through mentioned level, and that's when buyers would step in to take this to the next big level of 55k.
until we take out this key level, i've gotta lean towards more downside from here.
----
have a great weekend 💸
👇
overnight move looks really weak, unsupported by any volume what so ever.
looks like a short raid in my honest opinion - before continuation to the downside.
we need to break above 51972.93 to invalidate this bearish idea.
push through mentioned level, and that's when buyers would step in to take this to the next big level of 55k.
until we take out this key level, i've gotta lean towards more downside from here.
----
have a great weekend 💸
👇
it's not every day we get a setup this perfect. Time will tell though.