Intraday Update: Indices may be ready for the SMT reversal
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👀 Clearly we have a bullish reversal from the clearing of a previous daily imbalance range. Of course we expect NAS to get a head start on achieving it's buyside targets and that's just what we get on today.
🧼 Clean buyside ideas happening although we are technically still bearish on the daily until we get a higher close over a previous daily block. This is fine, it just means we will still see heavy bearish flow above lower time frame highs until then no sweat!
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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.