No trades for me so will be a quick review.Strong up trend from the start of the day, new yearly highs, we did see strength from overnight session, price didn't came anywhere close to yesterday's VA, making it safer to play from the long side, at least in the first part of the session. Opened with gap up which didn't get filled during the day.
We did see a late afternoon pullback, which got rejected right away from the IBL area right into the middle of the daily range where it closed. Any sign of slowing momentum? Being the first day in the last few when it didn't close at highs.
We can see clearly how during the last couple of days, volume and value is building higher & higher, with previous values left behind untouched. We are moving slowly, in small ranges, but sure & steady to new highs.
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