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Bearish Monday, and bullish Thursday could be the new trend
Still range bounce, between 1040~1100.
Up day with lower volumes. $INDU looks like 5/10 and 5/27.
Don't be surprised if it will gap down and drop hundreds tomorrow.
In last 10 days, if SPY last five min volume spiked in red, gap down the next day, if volume spiked in green, gap up the next day. (few exception)
multi resistance ahead. 20MA (mid BB), mid fork, down sliding resistance line.
Tomorrow is very important. (actually, every day is important)
HT!
*Add BP for your consideration. It could be a reversal. |
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