7SEP16
Updated
Hurray, hurray, hurray, looks like NFP effect has taken its toll with the support of ISM non-manufacturing data last night. a range of $27 is definitely a candle to watch. So NY-ers did unleash the rodeos.
Hurdles overrun: 1330 barrier, 1340/1342 barrier, daily PSAR viciously preyed.
Both of MACD lines are now back in the zone, provided if today's closing not too far from here, i.e. at least 1343.The angle of the line opens up a much higher range to play on. The attack was without defense. Seems like supplies have indeed retreated to make ways for the demand to walk with ease.
ADX ticks up a bit, but not yet printed a good trending picture. However, D+ now taught that a break of extreme point with the support of MACD does give a formidable run. D- is now back in prison and should be there for a period of time. Although it is bullish for now, by the looks of it on the days to follow, the run now must not allow daily to break previous daily low, let alone close below it. otherwise, bears might easily wake up and challenge the then circumstance, depending on the indicators and also Support&Resistance.
Hurdles overrun: 1330 barrier, 1340/1342 barrier, daily PSAR viciously preyed.
Both of MACD lines are now back in the zone, provided if today's closing not too far from here, i.e. at least 1343.The angle of the line opens up a much higher range to play on. The attack was without defense. Seems like supplies have indeed retreated to make ways for the demand to walk with ease.
ADX ticks up a bit, but not yet printed a good trending picture. However, D+ now taught that a break of extreme point with the support of MACD does give a formidable run. D- is now back in prison and should be there for a period of time. Although it is bullish for now, by the looks of it on the days to follow, the run now must not allow daily to break previous daily low, let alone close below it. otherwise, bears might easily wake up and challenge the then circumstance, depending on the indicators and also Support&Resistance.
Note
9:08pmBusy for most of the day. And gold waited for NY to come in for a play.
Levels are in the chart. For now, watch the zone, ignore everything in between
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