20DMF

[Pascal]

Today, we came to test the low of two days ago. This is technically a good move, especially if we can stay within the envelope and if volume is light, which would be a sign that sellers are almost over.

The bounce however does not attract large buyers yet (20DMF weak,) But the CTick is positive. This might indicate that there will be a tentative to push markets higher during lunch.

Anyway, a proper buy signal is probably for Friday.


Pascal