AM Wave Indicator Med Term changed from NEUTRAL to SELL/SHORT overnight so we are getting closer to time frame alignment..Long Term AM Wave Indicator is NEUTRAL.
There was a short signal and confirmation earlier this morning but I was sleeping ;) Now comes another signal and confirmation BUT even better a more natural technical strategic stop above the failed color change bar. This is the place where if I had taken the earlier signal I would have moved my stop loss to anyways.
We have Med support at 9400, then the Daily 200 EMA at 8900 then Major support at 7600.
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