Daily charts
- trend is up on daily charts
- increasingly rangebound movement seen
- looks like bulls getting tired
- close below 8480 will hint at trend reversal.
5 min charts
- note bias is negative for past few days
- breakout above initial range failed
- not tempted to trade because of small trading ranges
- trend is up on daily charts
- increasingly rangebound movement seen
- looks like bulls getting tired
- close below 8480 will hint at trend reversal.
5 min charts
- note bias is negative for past few days
- breakout above initial range failed
- not tempted to trade because of small trading ranges
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