This week bulls need to defend the AVWAP level at 222.47
Sellers may be exhausted here and a reversal is implied looking at historic similar volume and price action. However, break below could see 215/210 zone as next level of strong support. Would be backing up the truck and loading longs if we get a chance that low.
Sellers may be exhausted here and a reversal is implied looking at historic similar volume and price action. However, break below could see 215/210 zone as next level of strong support. Would be backing up the truck and loading longs if we get a chance that low.