Yesterday's daily closed just over 3300 which will hopefully prevent us from any hard drops before the week ends.
If we can close the weekly ~3200/3300 then I'm sure we're in for a solid run. This would essentially keep us halfway above the last weekly candle, above the resistance level for the week prior and maintain the bearish candlestick.
The second best option imo would be to close low into a second red, then push from there. Ending the week in the green would pose some concern.
If we can close the weekly ~3200/3300 then I'm sure we're in for a solid run. This would essentially keep us halfway above the last weekly candle, above the resistance level for the week prior and maintain the bearish candlestick.
The second best option imo would be to close low into a second red, then push from there. Ending the week in the green would pose some concern.