Result: Narrow range day again.
GU - D positive close breaking the immediate range. We will have to see if there is follow through from the news reaction yesterday. 4hr on higher low with resistance from yesterdays high, W M5. Looks like we potentially have divergence. Bias up, potential to fall from double top.
Result: Moved lower from the double top. The move below the Asian lows strongly rejected with an engulfing close on 1hr, little/no upper wick.
EJ - D closed narrow range, inside candle, doji. 4hr has signaled lower but there has been higher volume coming in above 128.50. No bias.
Result: After London open two 1hr shooting stars. No follow through until early US session resumed move down with a small shooting star with little/no lower wick.
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