Weekend daytime market remains as usual with narrow range fluctuations and corrective adjustments. Moving averages slightly upward, the daily chart formed a bearish candle yesterday gradually crossing below the support with decreased volume. The four-hour chart shows a small upward adjustment. The hourly bearish momentum increased, reaching near the upper band and facing resistance. Entering high-short positions in the evening is a suitable strategy.
Saturday evening:
Market around 90800-91100, with a target near 89700-89400.
Market around 3140-3160, with a target near 3090-3070.
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Weekend daytime market remains as usual with narrow range fluctuations and corrective adjustments. Moving averages slightly upward, the daily chart formed a bearish candle yesterday gradually crossing below the support with decreased volume. The four-hour chart shows a small upward adjustment. The hourly bearish momentum increased, reaching near the upper band and facing resistance. Entering high-short positions in the evening is a suitable strategy.
Saturday evening:
Market around 90800-91100, with a target near 89700-89400.
Market around 3140-3160, with a target near 3090-3070.