APRIL ends with PA in the pre open in a PB to the SB. It fails at the upper TL of the bear channel and continues for a nice Short run to the BO-5 level.
B7 was a nice support bounce back to the SB and a test of the B3 50CB. The CB's and the EMA seem to hold PA for hours as we trading in a smaller range with rising triangle developing. We were looking for another B& type run higher, but the bears still needed a few more points as they pushed 2 points below the BO-5 to find support.
PA back to the SB.
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