Markets are bullish on Fed speak. Prices have also crossed major MA's, with ST's turning UP. Higher lows are being printed and should caution the bears near term to re-evaluate their analysis. This rally is becoming a full on rally instead of the corrective rally that I have been leaning towards.
Things can still change, but for the mean time we should look at a mixed bag of indicators which means this is a hard trade we are faced with, with no clear direction. Time-frames need to be in SYNC in order to have a low risk trade setup, and with intra-day indicators in OB the whole day, there is still upside potential.
MT: DOWN
ST: UP
PA: UP
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