Normal
the 0.345 level is a ratio and structural level, its a normal retracement, a 1 to 1 (simple abc)snapping 345's would be critical for the upside, out at .340's for mine if that prints (excluding the SPA)todays a no-window-dressing end of month sell across the board locally,i suspect we'll see some support come in for mlx on monday 1stthe CRB is about to hit a standard 38.2% retrace level 244 (Reuters) and has been in a very tight channelwith TIN being on a high and sentiment for TIN and MLX on a general high it is important to stick to a trading planso long as the .345 soldifies nothing to dogold is clearly in a funk, so too palladium, the rocketing of TIN has been stellar in comparison but it commods come completely off the boil thru the CRB lens then its smart to trim/pare/scale/exit to lock in profits#idea
the 0.345 level is a ratio and structural level, its a normal retracement, a 1 to 1 (simple abc)
snapping 345's would be critical for the upside, out at .340's for mine if that prints (excluding the SPA)
todays a no-window-dressing end of month sell across the board locally,
i suspect we'll see some support come in for mlx on monday 1st
the CRB is about to hit a standard 38.2% retrace level 244 (Reuters) and has been in a very tight channel
with TIN being on a high and sentiment for TIN and MLX on a general high it is important to stick to a trading plan
so long as the .345 soldifies nothing to do
gold is clearly in a funk, so too palladium, the rocketing of TIN has been stellar in comparison but it commods come completely off the boil thru the CRB lens then its smart to trim/pare/scale/exit to lock in profits
#idea
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