Since the commercials are increasing their longs and the Market has just arrived at a strong demand zone, I expect a reversal to at least the neckline of the W formation on the Monthly TF.
Note
Please replace the word "Demand" by "Supply"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.