Short target 12,150 or 200ema which would be a back test of horizontal breakout .
Stop loss 12,600
Bbands on 1hour have tighten, implying a big coming soon. Fed Bostic spoke late this afternoon 50bp in the cards , if Powell kicks this same rhetoric we might get a flush back to support I don't think it breaks support though
Bearish harami candle at play here with today's close below Thursday close.
Stop loss 12,600
Bbands on 1hour have tighten, implying a big coming soon. Fed Bostic spoke late this afternoon 50bp in the cards , if Powell kicks this same rhetoric we might get a flush back to support I don't think it breaks support though
Bearish harami candle at play here with today's close below Thursday close.
