fridays trade was tad messy for me, i found it hard to read what was transpiring, hence the 3 sets of trades
the final series i decided to leave a set open over the weekend and that was mostly due to :
1 the unusual covering bar that was likely printing
2 the way that transacting suddenly dissipated at the low, sat on a tenuous support line, price lengths became extreme shallow,
that shallowness and lack of volatility was likely confirming the day bar
3 especially the sentiment within the cfd:
of the "Top-Clients" only 23% of those traders were STO yet they held 63% of the
available capital in the open sell positions
of the "All-Clients" 82% of participants were BTO (buy to open) ...that's keen!
4 we had a 20point sprint north on the news release, a rotation saw a 26point clean sell south
it is normal for prices in index and major commods to retake a news release level, only this sell did not falter until well passed the release level, suggests monday we are likely to see some discount buying with a follow-thru below saturday mornings 1755's low
this is not a normal ball market activity, i go so far as to say we have a concerted effort here to flush out shorterm buyers
as you can see from the third trade chart the total numbers of traders are who are keen to buy what the gurus are spruiking