All the indices have been bearish since the end of Feb. Monday open gave us a quick huge up move exceeding a DBD supply level. Demand > Supply.
Scenarios that make sense:
- We come back to the 2WT (2 Way Trap) and we continue higher.
- We sweep either of the hooks and continue bearish.
- We displace over the hooks and start a bullish trend.
What do you think will happen?
Scenarios that make sense:
- We come back to the 2WT (2 Way Trap) and we continue higher.
- We sweep either of the hooks and continue bearish.
- We displace over the hooks and start a bullish trend.
What do you think will happen?
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