Derived Data That Drive Results
By Peter Stoneham — Oct 16 - 05:30 AM
Long lower candle shadow Monday and price runs to our 0.8670 short stop
Market now clear above 10 and 21-DMA lines, 0.8649 and 0.8656, respectively
Daily momentum readings remain negative
The Oct. 25 0.8593-978 cloud twist still in play
A major turning point seen at 08690, the Oct. 3 failure high
The 200-day moving average just above at 0.8700
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Source:
Refinitiv IFR Research/Market Commentary
