– I’ll be looking for potential Buys above 206.940 targeting Daily Resistance formed on 10th July 2024 around 207.700 Leaving Runners to the Weekly Rejection formed on July 2024.
– I’ll be looking for potential Sells below 206.340 targeting previous Daily Resistance formed at 205.800 Leaving Runners to the Daily Support formed at 205.250.
As we head into December, price could either build momentum for a year-end push or remain contained within its current structure. However, festive-season trading usually brings lower volume, meaning breakouts may lack follow-through and fake moves become more common.