Breakout to the new day low with strong bear bar in the next couple of bars then it's a downtrend day, key time. So far looks like a range day to me though.
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51% chances of double bottom here. Break the EMA20 then the chances would be greater.
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Based on TRIN reading right now, tomorrow may be a buy, but shake out first, I need to see quick flush out today or tomorrow if not today. flush out today will be good for bulls, no flush more down side tomorrow.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Much better chances of breakout this time if bulls are able to touch the blue line above.
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Breakout as expected. Here's the text book target so should be enough to test the day high.
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The pullback probably will be bought if not already being bought
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The pullback probably will be bought again somewhere.
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