Contrary to my expectations yesterday's Ltc upper target was reached and rejected a few hours ahead of time. This expedited movement led to a much earlier bullish start today which caused a bit of confusion. As US traders woke to a morning high they quickly needed to spend an hour until 17:00GMT to find direction. Hence the bottom support is our next target. At the speed the markets are moving the bottom could be reach by as early as 00:00GMT.
Are you noticing the same range in this market?
When do you suspect this range will be broken and in which direction?
....thank you for your support