Monday Evening 🧭
Hourly level, the big pie surged and then fell, presenting a retracement pattern, with a technical pullback in the market. The upward turning moving averages serve as short-term support, bulls continue to exert strength but the selling pressure near previous highs is gradually becoming evident. A short-term pullback is expected to test moving average support, approach longs with caution.
Trading Recommendations
Big Pie: Short near 107000 — Target 104500
