The previous 10 900 Green Target has changed into a Decision Box 1 (for if there is not a trade on) as that is where Money Man is seeing the liquidity gained from breaking the down trend forcing a decision. Green Target 1 relates to previous sell pressure at the 61.8 retrace and getting through that could cause a stall at Green Target 2.
Red Targets appears if buy pressure at Decision Box 2 is insufficient. Red Target 1 has largely stayed in place, but Red Target 2 had to be moved up as the potential on the futures chart points to around 10 250, but overperformance can be expected.
My Forecast: There is space for a move, and we have been around these parts for long enough to know the lay of the land. Bar any left field surprizes, we should trade around these levels and be ready to reassess potential if change is in the air. Money Man will have some alerts set for in case. Very Important to Me: Please leave a like if you appreciate the effort or think somebody else might, Please comment to add your voice and develop this further, Please follow if you think this is leading somewhere that you might like to know about.
Red Targets appears if buy pressure at Decision Box 2 is insufficient. Red Target 1 has largely stayed in place, but Red Target 2 had to be moved up as the potential on the futures chart points to around 10 250, but overperformance can be expected.
My Forecast: There is space for a move, and we have been around these parts for long enough to know the lay of the land. Bar any left field surprizes, we should trade around these levels and be ready to reassess potential if change is in the air. Money Man will have some alerts set for in case. Very Important to Me: Please leave a like if you appreciate the effort or think somebody else might, Please comment to add your voice and develop this further, Please follow if you think this is leading somewhere that you might like to know about.
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