The market is forming the W formation nicely and am still expecting the retest to the neckline of the W formation before we continue with our bullish movement. Also our cot shows that the hedge funds added more bullish contracts and closed bearish contracts and our net position moved more bullish.
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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.