XLD 1.69% 1,618.9 s&p/asx 200 2 x daily leverage index

S&D, S&R, Trends, Fork's and Turnarounds, page-165

  1. 16,642 Posts.
    lightbulb Created with Sketch. 1291
    Yep, it looks like there has been a decent attempt to support the market over the last couple of nights......although I thought there was a really strong chance price would tag 1206 at some stage on this leg down......sorta still do (although the conviction has reduced a bit).
    GC 270516.png

    And the ES looks to be absorbing its way through the supply above this week.
    And it is unlikely both the GC and the ES will both push higher together (it does sometimes happen briefly, but is fairly rare overall)
    ES 270516.png

    And Copper on the four hour, is looking like it may be building a cup and handle........we'll see.......

    X.png
 
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