The old high of 22/23 is still presenting a barrier for SP progression. Note however the retracement from 22 is minor before the SP has another attempt. It would appear to me that the "pressure" is building up in that tight range 20 to 22. When we see the breakthrough and we have a nice definite close above 23 (maintained for 3 days) we should then see a strong advance. Any chartists like to comment?
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- testing old highs and option on molybdenum
testing old highs and option on molybdenum, page-3
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