Our pattern didn't play out but that's ok. Today's volume is too low to confirm any ST bearish assumptions. Waiting to see what next two candles do. If euroz and state one still onto this then it should bounce back easy. They may be happy to just soak things up before they push it up. 2.2 is a critical EOD closing point.. expecting some strong support here
Imo some retailers may of been spooked by the substantial holdings change along with no excitement from the market on the DD announcement.
MNQ Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held