Bearish

12 thg 6, 2024

if the market breaks 2,310.72 with high volumes and again retraces the same level with low volumes. low volumes means non commercials and hedge funds are not interested in being bullish. thats why they do not place their long orders and retaliors they are not well informed how market works they place their buy pending orders from a weak support with 10 $ etc etc so if the maeket retraces with low volumes to the 2,310.72 then it can be dumped to 2,297.97 level but please make sure there are multipule newses today including Core CPI MM, CPI YY, Fedral funds rate, Fomx ecnomic projections,FOMC statment,FOMC press conference