Expect higher range of 67.10-67.34 to be tested and can be used to exit long.
Weakness will resume below 66.82.
TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY
CLOSE
DRV
TREND*
Trend
Price
Trend
Date
L1
L2
CP
L3
L4
Hold Short
66.96
67.03
DOWN
67.0
31.08
66.63
66.87
67.01
67.10
67.34
*Trend will remain Down as long as last close is below the pink color DRV.Trend will be Up as long as Price is above DRV. Positional Traders: If trend is up then traders long can hold long position with closing stop loss of DRV:Close >DRV.If trend is down then traders can hold short position with a closing stop loss of DRV: Close <DRV.
Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.