Still Long for 225
there's still buying power left for 225. The bullish bar(with heaviest volume of the day) right after the selling pin bar showed that.
But 17000 is a real resistance line that it's the origin of the last downward penetration on 2/8. Also, Aa daily level, it's too extended to go long at this moment. I'd expect little more range move from here on then break to the next resistance level.
But 17000 is a real resistance line that it's the origin of the last downward penetration on 2/8. Also, Aa daily level, it's too extended to go long at this moment. I'd expect little more range move from here on then break to the next resistance level.
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