Bearishness Likely to Continue..
Bears are fairly in control of the Trend as of this weekend..
With FOMC coming up, Either of the 2 Zones
1980 or 2080 could be tested..
Technically 2030 2035 is the Crucial zone..
If Respected, 1980 zone is likely to be tested.
If Broken, 2055 could be tested before Last attempt by Bears to claw their way back.
Above 2065, Bulls will Toss The Shorts for a Covering towards 2080s.
In summary
2011
2035
Are the immediate Crucial levels
Trending move on either side break is possible.
1980s on downside
2060s 2080s on the upside could be tested.
Have a Profitable Week ahead.
With FOMC coming up, Either of the 2 Zones
1980 or 2080 could be tested..
Technically 2030 2035 is the Crucial zone..
If Respected, 1980 zone is likely to be tested.
If Broken, 2055 could be tested before Last attempt by Bears to claw their way back.
Above 2065, Bulls will Toss The Shorts for a Covering towards 2080s.
In summary
2011
2035
Are the immediate Crucial levels
Trending move on either side break is possible.
1980s on downside
2060s 2080s on the upside could be tested.
Have a Profitable Week ahead.
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