December 11
Discord access link: https://discord.gg/UPbu6PZFDp
Today’s sellers kept us below yesterday’s POC which means they also kept us within/below yesterday’s lower distribution. With today’s late day selling sellers were able to repair the December 3rd poor low and venture into the November 29 single prints.
We now have two days of initiative selling but today’s low has decent excess so I will be monitoring buyers ‘ability to keep us above the 6057 BZ level to see if the can retest that 6071-75 area.
Bullish Scenarios:
Longs above 6057 or above 6063 targeting 6072.
Longs above 6072 targeting 6086.
Bearish Scenarios:
Shorts below 6052 targeting 6028.