The price has been very bullish since yesterday, showing strong upward momentum. However, during the New York session, some areas of liquidity were left behind. Given how the market tends to seek out liquidity, there's a high probability that the price will swing back to clear that level at 2912.42. Based on this expectation, I am going short at the moment.
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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.