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The old ZB looked too weak today to complete that second move I suggested earlier,
Missed yesterday's RTH Session high by 1 tick this morning, still shy of that 165'13 - '24 target.
Seemed like they got stuck in that consolidation area between 163'04 and 165'00 that was established back in late May early June just before contract roll-over.
Who knows, maybe next week?
Enjoy your weekend.
TGN
R.I.P. John Bottomley (Botts), 1956-2022.
Please visit this thread for more information.
We've seen prices reach the Annual VWAP and trade within the Monthly DVA in that area. Expecting some back and forth but it was important that the MDVA Highs held and they did. Now we're seeing a rotation lower out of balance and potentially down that Annual DVAL target zone in the blue..
Complete and utter indecision in this market with a bias towards the downside on the daily (until MA's are broken), but chaos intraday. I'm thinking... Trump wins: Strong selling, Clinton wins: Strong rally.