Today bulls reached our highest predicted point and found resistance there. The pattern is pointing to wide consolidation with slight bullish advantage. Based on excessive long positioning will most likely lead to a test of their strength/weaknes. Minor levels should be treated as good scalping opportunities around them with major level being best risk/reward trade.
Momo Trend: short, possible change to long when momo2 hits zero.
MomoDot: red dot, target at lower band. Its worth noting last two momodots were high quality ones (all conditions were met at the same time).
HF/Master perspective: master index shows short and HFP index printed green dot which means high chance of market decline in next few sessions.
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