We spent 2 weeks in 6500-7100 range and we may continue further as well but from what it looks like bulls have started weakening looking at the length of the bear candles. the candles are big and large and we are respecting important levels. for example 7500 is a resistance. 7170 becomes the immediate resistance. 6617 is immediate support below which we may fall heavily
Note
moved 100 dollars from the time i wrote. continue to remain short. still two levels are imp for me to invalidate my shorts. 7151 and 7481Trade active
still stuck in 100 dollars band which suggest big moves are to come soonTrade closed manually
closed all 6599 and switched to longsDisclaimer
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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.