This futures market you see was fake out 2 times before and received a reaction, now there is a possibility of a fake out again. Either this graphic will work or bad slaughter will come...
When we look at the monthly chart, we are momentarily below ma20/M. If we see that we are closing below $40.154 at the end of the month, even 22K would be optimistic.
Strong support and ma100 crossing $10,794. In principle, when one moving average is broken, the price moves to the other moving average; The closest moving average, ma50/M, is crossing 20,637.
So my fuck scenario was that our monthly ma20 was broken and we walked to ma50. But not now, please not now....
When we look at the monthly chart, we are momentarily below ma20/M. If we see that we are closing below $40.154 at the end of the month, even 22K would be optimistic.
Strong support and ma100 crossing $10,794. In principle, when one moving average is broken, the price moves to the other moving average; The closest moving average, ma50/M, is crossing 20,637.
So my fuck scenario was that our monthly ma20 was broken and we walked to ma50. But not now, please not now....