After NFP fears thwarted, price is ready to push up again

10 thg 10, 2021

Double bottom created in first week Oct, too many 3rd quarter closing jitters influenced money movement with many investors pulling out their bags ahead of NFP week which, despite performing very badly, still did better than stocks which then invited stock investors as a better bet in a bear stock market.

Short term outlook sees price bouncing on that critical 14800 psychological level before heading bullish...

Long term, we should see price break its previous ATH before markets slow down for the December break.