Will it be Friday once more - gap up at open, condolidate for the bulk of the day with support at EMA50, and then blast above to set new high towards close?
But could's the same be said for bears? If the numbers are good or intepreted to be good, they would provide the perfect fuel for the last push before a meaningful pullback at, say, around 1050.
Lao Da, it looks to fill the gap soon. If it continues the slide towards Friday's consolidation zone, would't it be good for bulls? On the other hand, if the indice fills this morning's gap and then comes back up to retest EMA50, will that be a better sign for bears?
Thanks.