Looks like the bulls and bears are fighting. Day traders probably sold could then go short but some buying going on.
If it cuts through your support will now be on current resistance. If it don’t they will not loose their gains and maybe go short and resistance will be their stop out. If it cuts through it will also be their stop going long less we go to the next level.
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.