Last 2 bars still closed on 80 though, so still ranging...

  1. 1,270 Posts.
    Last 2 bars still closed on 80 though, so still ranging sideways, it hasn't broken down. The bar on 23rd even though it shows as a long tailed red candle it was wide spread on a low volume closing in the upper part - suggests strength rather than weakness. 24th could be read as a no demand test of the previous bar.
 
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