Price still stuck in between, not sure where we want to go but unlikely to go below 1682 today mayb while 1682 proven strong support and weak ppi, my indicators have turned bullish. gator thoughts?

The Swamp

weird move after the news but yea no doubt for a cut now if cpi also agrees Bigger picture if 1682 holds, bull can go higher. with a slow down economy, market may expect more from Fed

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price is stuck, i have bear bias while pa below1715-20 level and usdx above 97.70 but bear will need to take down 1682

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yea my current system is not good at tracking when to enter/exit, i will test it out in the next couple of days

The Swamp

thank you Gator i m still not very good at using RSI, will spend sometime to digest this and test out!

The Swamp

yea to set trends and look for reversal signs Mainly on 1h but i do have key trendlines on daily chart which 1682 1667 1650 important to me as that is where the daily trendline sits i do go down to 15m and 1m to get confirmation as well 1715-20 area ...

The Swamp

i mainly use trendlines but do use ma as well mainly on daily tf

The Swamp

1730 was my tp area for my longs from Asia low. Dont expect 1682 to break easily with no news to push it. green pips. i have got a bull confirmation after the hourly closes

The Swamp

sharing the same view here, waiting for 1682 to break for now update: 4h still closed above 1682 but below 1700 no breakout as yet

The Swamp

same here i have closed all my long too after hourly closed.

The Swamp

i will say go bear go!

The Swamp

yea exactly most of my scalp longs got stopped out. but happy to see a return of the bear so go bear go!

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yea if bear momentum is strong i may not get 1730 1745 to reload

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Wow bear is so strong! 1682/83

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yes of bear managed sustained below 1682 1667 i think its a breakout to the south! still early days and with fomc next week there might still be a lots of false breakouts

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seems like 1715 has turned into a resistance level. I was expecting to see a bit higher like 1723-30 area before coming down. If we break below 1682 it will go much lower i guess

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very nice chart and good call yesterday! Thanks for sharing

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may still see a bounce above 1694 and 1682 but maybe limited as we sub below 1700?

The Swamp

i am thinking at least 1730 but should get to 1745. I have a bit of bearish bias after daily closed back below 1715

The Swamp

well done mate thanks for sharing and green pips!

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