– I’ll be looking for potential Buys above 200.760 targeting previous Daily Support formed at 201.460 Leaving Runners to the previous 4h Support formed at 202.000.
– I’ll be looking for potential Sells below 199.850 targeting previous 4h Resistance formed at 199.150 Leaving Runners to the Key Level of 198.500 for a retest.
– We’re seeing a significant pullback on the daily as price approaches the 200 key level — a zone that has acted as a major decision point in the past. From here, the reaction will tell the story. A strong bounce could signal continuation of the larger trend, while a break below could shift momentum. Patience until the market shows its hand.