Market Profile 07/05/2021

Finally we have a propper pattern and its bullish. Key support for this bull market moved higher into 50s area (from 4116 and then 4130, now 4150). We also had a momo trend shift to bullish during today`s session (you will get it on your charts this weekend). First entry zone (or add to already established long position) is in 81-73 zone – its kind of wide but I think worth a try in these circumstances.

Momo Trend: Long.

HF/Master perspective: master index still shows short while hfpi made some room for even more bullish pressure.

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