We began testing 4070, but there were a large number of sellers. The market dropped to the final test for liquidity at 4030 (previous market close) and sellers capitulated. During the session, large players consolidated the uptrend, and eventually they broke through 4055 with a strong push. They tested 4075, but the price was not yet ready.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.