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Pullback Underway

We were targeting for this rebound, the 1335 - 1360 area.

As the market traded around 1330 very quickly in the session, we diced to we close our (half) long position at 1328.16. [1328.16 - 1302.09 = 26.07 (profit)].

For those of you interested by our intraday move, we mention all our operations in real time on our internet site.

Looking at our indicator, we can notice that our Sigma trend Index is stable at '-1' , and all other indicators Trend Level (TL), Swing and Power Level(PL) are at '3' (neutral).

Sigma Table

Conclusion:

Our indicators are in neutral territory. We expect this pullback will end in the 1297- 1305 area and then a new impulse to the upside should start.

We will buy a FULL long position at 1308 (with a stop loss 1289).

Current position: no position

Have a nice day,

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