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|I am hoping for some volume and directional movement. This is the last round of news for a while
|The first hurdle was the high from yesterday and we cleared that.
|Our best scenario is to the upside and we have a bullish 1OP cross pending. Buyers supported the market yesterday and that will give them confidence this morning.
|We don't mind a stall here. Sellers are going to test the bid and we want buyers to step up. Ideally we hold the high from Thurs and then on the bullish 1OP cross we see a nice long green...
|The longer the compression lasts without a major retracement, the better. That would be a sign that buyers are replenishing bids. It will also give us time to find strong stocks