There is still upside pressure on the daily chart, but it has been unable to move price with any momentum. Price seems to be stuck at this level. Price still has to go through the 228 level with some push in order to start the next move higher. Can po2 for the down move at 211 still be on the agenda?
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On the 60 min chart things don’t look real bright either. Pressure is still up but it is in a very over extended place on the chart. Price is still trying to get to the 224, the po2 level for this move up.
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