Buyers stepped in at the 50 day ma support
and triggered the daily market structure low
to the longside for about 240 points in the YM
The next step would be another test of YM
10,000 and eventually 10,360 which would be
a 50% retrace off the March lows.
There may be some signs of concern ahead so
keep an eye on the internals as we progress from
day to day now.
To Your Trading Success,
JM

Recent Comments